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Q: What is USCPIAndPPITopForecasts?

USCPIAndPPITopForecasts is US Sep PPI rose 6.3% YoY and 1.3% MoM, above forecasts of 5.3% and 0.5%; core PPI also beat both forecasts. Sep CPI hit 3.7% YoY versus 3.6% expected, with core also above forecasts. Both reports fueled bets on further Fed hikes this year, but timing remains disputed. Daly says a hike may be needed but is not urgent; Goolsbee wants more data. Fed Chair Warsh will speak with the IMF chief at the IMF Annual Meetings on Oct 15 at 23:30 ET, with markets watching his rate outlook.. Follow this topic on OKX Orbit for the latest community posts and token insights.

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About USCPIAndPPITopForecasts

US Sep PPI rose 6.3% YoY and 1.3% MoM, above forecasts of 5.3% and 0.5%; core PPI also beat both forecasts. Sep CPI hit 3.7% YoY versus 3.6% expected, with core also above forecasts. Both reports fueled bets on further Fed hikes this year, but timing remains disputed. Daly says a hike may be needed but is not urgent; Goolsbee wants more data. Fed Chair Warsh will speak with the IMF chief at the IMF Annual Meetings on Oct 15 at 23:30 ET, with markets watching his rate outlook.

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