BLOOMBERG EXPECTS U.S. INFLATION TO SURGE TO 3.7%

BLOOMBERG ECONOMICS FORECASTS HEADLINE CPI RISING 0.6% MOM, PUSHING ANNUAL INFLATION TO 3.7%, UP FROM 3.4%.

CORE CPI IS EXPECTED TO RISE JUST 0.23% MOM, WITH ANNUAL CORE INFLATION EDGING UP TO 2.46%.

CORE GOODS INFLATION IS SET TO ACCELERATE, WHILE SERVICES INFLATION IS EXPECTED TO COOL.

🔸 U.S. SEPTEMBER CPI DUE 8:30 A.M. ET; SEEN +0.6%; CORE +0.2% - *WALTER BLOOMBERG ...