Weekly Market Commentary (10/24): Softer CPI Gives Fed Room to Cut скачать в хорошем качестве

Weekly Market Commentary (10/24): Softer CPI Gives Fed Room to Cut

This week’s Market Note with James Maxwell (VP of Research) and Alex Dippery (Research Analyst) covers: • Inflation: September CPI came in softer than expected, with both core and headline readings at 3%. Tariff effects are showing up more in relative price shifts than overall price levels. • Fed Outlook: With inflation steady and labor data softening, the Fed appears positioned for two rate cuts by year-end, and more in 2026. • Housing: Mortgage rates have eased into the mid-6% range — the lowest in over a year — but high prices continue to suppress new home sales. • Gold & Silver: Recent pullback follows record highs, though central-bank buying from BRICS nations remains a long-term driver. • Sentiment: Investor sentiment remains balanced; consumer sentiment weak as inflation headlines linger. • Ahead: Durable goods, Q3 GDP (first estimate), and Core PCE will headline a busy data week — pending reopening of government reporting.