September CPI should be in line, and last month’s Fed rate hike may be the only one this cycle - Natixis

(Kitco News) – Next Wednesday’s September CPI report will likely be in line with expectations, with the hotter August print an outlier, and the Federal Reserve may have already delivered the only hike of the current cycle, according to Natixis.“We expect the September CPI report to show a 0.19% increase in the core component and 0.6% for the headline,” economists Christopher Hodge and Selin Aker wrote in Natixis’ October CPI Preview. “August CPI came in above consensus expectations due to a rise in components that we don’t think will be repeated.”