U.S CPI (MOM) (SEP) ACTUAL: 0.2% VS 0.2% PREVIOUS; EST 0.1% US...

U.S CPI (MOM) (SEP) ACTUAL: 0.2% VS 0.2% PREVIOUS; EST 0.1%
US CORE CPI (MOM) (SEP) ACTUAL: 0.3% VS 0.3% PREVIOUS; EST 0.2%

CPI YOY at 2.4% vs 2.3% est
Core CPI YOY at 3.3% vs 3.2% est

All higher while Jobless Claims rose to 253k vs 231k est and 225k previous

....this means that earlier market expectations of another 75-100bps rate cut this year could be misplaced.

....the Fed will most likely continue with 25bps x 2 for remaining of the year at best.

....strangely the DXY held steady while AUD rose and US futures slightly in the red.