Institutions Forecast US September Core CPI Growth

September CPI Predictions from Financial Institutions

In recent analyses, 37 financial institutions have put forward their forecasts regarding the United States' seasonally adjusted core Consumer Price Index (CPI) for September. The consensus indicates a significant focus on the month-over-month growth rate, particularly in the context of previous values and economic expectations.

Previous and Expected CPI Growth

The last reported CPI growth was +0.3%. However, the current expectation among analysts stands at +0.2%, as reported by Reuters. This slight adjustment reflects ongoing economic considerations and shifts in market sentiment.

Forecasts by Financial Institutions

Several key institutions predict differing outcomes for the CPI:

Institutions Predicting a +0.2% Increase:

ANZ
ABN AMRO
Commerzbank
Barclays
NatWest
TD Securities
UniCredit
Société Générale
Lloyds
ASB Bank
Standard Chartered
High Frequency Economics
Scotiabank
Danske Bank
DZ Bank
ING
Moody's Analytics
Jefferies
BMO
Commonwealth Bank of Australia
Oxford Economics
RBC
Deutsche Bank
Sumitomo Mitsui
CIBC
BNP Paribas

Institutions Predicting a +0.3% Increase:

Bank of America
Capital Economics
Citibank
HSBC
Wells Fargo
JPMorgan
Nomura
Pantheon Macroeconomics
UBS
Goldman Sachs
Morgan Stanley

Implications of CPI Predictions

The forecasts from these institutions highlight a critical period for economic stakeholders, as changes in the core CPI can influence monetary policy decisions and market dynamics. Investors and policymakers will be keenly observing these results as they come to fruition in the upcoming economic reports.

Conclusion

The contrasting forecasts for the September CPI growth rate reflect the varied perspectives present within the financial landscape. With institutions divided on whether growth will be +0.2% or +0.3%, the anticipation builds as we await the final data release.