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U.S. September CPI data will be released on October 24, only 5 days before the Federal Reserve's interest-rate meeting on October 29

Internet reports that the United States will release September CPI data on October 24. The CPI, which will be released on Friday, has attracted much attention because it is only five days before the Federal Reserve's interest-rate meeting on October 29. In addition, during the U.S. government shutdown, the U.S. Bureau of Labor Statistics suspended the collection and release of all other data. No employment report, non-agricultural data, producer price index and other data were released. September CPI data will be the only reference for the Federal Reserve to decide on federal interest rates. According to Polymarket data, the market is betting that the Fed will cut interest rates by 25 basis points as high as 96%.

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