Citigroup Economists Predict Slower Core CPI Growth in September

According to BlockBeats, Citigroup economists anticipate a 0.28% increase in the core Consumer Price Index (CPI) for September, a decrease from August's 0.35% rise. While tariffs may keep goods prices elevated, a slowdown in housing inflation is expected to ease overall service inflation. A potential government shutdown could delay the release of this data. However, Citigroup notes that a softening labor market and cooling housing prices reduce the risk of sustained inflation.