Analyst report
🌐 Macro
📊 Neutral
🌍 United States
TD Securities Forecasts 0.3% October CPI Rise as Inflation Pressures Ease
TD Securities expects US headline CPI to climb 0.30% in October, driven by food and gasoline, while core inflation metrics show signs of cooling across shelter and services sectors.
Impact
10/10
💡 Key Takeaways
- Headline CPI growth is expected to slow to 0.30% in October from 0.65% in September.
- Core CPI is projected to rise 0.21%, supporting a 0.24% increase in core PCE.
- Shelter costs and core services are showing signs of moderation, tempering overall inflation.
📋 Executive Summary
TD Securities economists Oscar Munoz and Eli Nir project a 0.30% monthly increase in the US headline CPI for October 2026, marking a deceleration from September's 0.65% gain. The firm anticipates core CPI will rise 0.21%, signaling a broader moderation in core goods, services, and shelter costs that will likely influence the core PCE index.
📊 Sentiment Analysis
Sentiment
📊 Neutral
Impact Score
10/10
Region
🌍 United States
Asset Class
🌐 Macro
❓ Frequently Asked Questions
TD Securities economists project a slowdown in headline CPI to 0.30% month-on-month, down from the 0.65% increase recorded in September.
📰 Source
📅 Originally published:
⚠️ Disclaimer: This content is for training purposes only and should not be considered financial advice. Always conduct your own research before making investment decisions.