WS #15862
US consumer prices accelerated to 3.7% year-over-year in September, surpassing the 3.6% forecast and marking a significant stickiness in inflation. Core CPI also rose 0.3% month-over-month, while energy prices surged, pushing the 10-year Treasury yield to 5.26%. This data has forced markets to repricing the Federal Reserve's next move, with polymarket odds and analyst commentary shifting toward a 25bps rate hike in October, severely pressuring rate-sensitive growth stocks and equities.
US Inflation and Fed Hike Fears
US consumer prices accelerated to 3.7% year-over-year in September, surpassing the 3.6% forecast and marking a significant stickiness in inflation. Core CPI also rose 0.3% month-over-month, while energy prices surged, pushing the 10-year Treasury yield to 5.26%. This data has forced markets to repricing the Federal Reserve's next move, with polymarket odds and analyst commentary shifting toward a 25bps rate hike in October, severely pressuring rate-sensitive growth stocks and equities.