Citi: Core inflation expected to cool in September
Jinse Finance reported that Citi economists expect the core CPI to rise by 0.28% in September, lower than August's 0.35%. Although tariffs may keep goods prices firm, a slowdown in housing inflation should help ease overall service inflation. A government shutdown may delay the release of data, but Citi stated that a weakening labor market and cooling housing prices have reduced the risk of persistent inflation.
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