Huatai Securities: Maintains View that Fed Will Pause Rate Hike in October and Raise Rates Once in December

36Kr reports that Huatai Securities research noted that September US core CPI inflation rose more than expected, driven largely by an unexpected surge in the housing component alongside broader increases across other categories. While this data suggests widespread inflationary pressure, considering recent statements from Fed officials and tightened financial conditions, the Fed still has room to observe. Consequently, Huatai maintains its forecast that the Fed will pause rate hikes in October and raise rates once in December.