Friday Briefing: The inflation battle may not be fully won yet

Friday Briefing

Valeria Martinez
clock • 3 min read

Hopes for another jumbo-cut from the Fed were dashed on Thursday (10 October) after the latest US CPI release showed inflationary pressures remain in the world’s largest economy.

Inflation slowed to its lowest pace in over three years last month, rising at an annual rate of 2.4%, figures by the Bureau of Labor Statistics showed.  The headline reading, which was down from 2.5% in August, came in slightly higher than economists' expectations of 2.3%, however.  Meanwhile, the so-called ‘core' index, which excludes volatile food and energy prices, rose at an annual rate of 3.3%, as both headline and core CPI failed to drop on a monthly basis.  This is unlikely to stand in the way of further rate cuts in November, with the core measure having come down from 3.9%...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

Tariffs drive record fall in UK exports to US

Tariffs drive record fall in UK exports to US

Imports fall by £400m

Linus Uhlig
clock 12 June 2025 • 2 min read
Partner Insight: What are the implications of policies of the Trump Administration on EMD?

Partner Insight: What are the implications of policies of the Trump Administration on EMD?

Matthew Murphy, Institutional Portfolio Manager of the Emerging Markets Team at Morgan Stanley Investment Management (MSIM), shared his view on the implications of the policies introduced by the Trump Administration for emerging market debt (EMD). Murphy then explained the firm’s approach to the EMD segment.

Matthew Murphy, Institutional Portfolio Manager of the Emerging Markets Team at Morgan Stanley Investment Management (MSIM)
clock 12 June 2025 • 7 min read
US-China trade talks progress pending framework approval from Trump and Xi

US-China trade talks progress pending framework approval from Trump and Xi

Following London meetings

Linus Uhlig
clock 11 June 2025 • 1 min read
Trustpilot