Low impact

Economists expect US September headline CPI at 0.5% m/m and 3.6%-3.7% y/y, up from 0.4% m/m and 3.4% y/y in August, with core CPI seen at 0.2% m/m, despite oil prices above $90.

OilPrice10/14, 07:00 AM

Figures as quoted by OilPrice

Market impact

Which way this story pushes each asset. An inference from the story, not a measured move.

WTI
Would push down
DaysMedium confidence
Hotter CPI could lift USD, pressuring dollar-priced oil
USD
Would push up
DaysMedium confidence
Higher inflation forecast reduces case for near-term Fed easing

What could change this

If September CPI prints below forecast, this mechanism would not hold.

103.44+3.99%vs previous close

+8.96%

since this story

Measured from the price when this story was posted to the latest stored price, so it can lag the live price.

This story

09/25, 11:00 AMNow