Goldman Sachs Executive Comments on September CPI Report

According to Odaily, Whitney Watson, the Global Co-Head of Fixed Income and Liquidity Solutions and Co-Chief Information Officer at Goldman Sachs, stated that the September CPI report was stronger than expected, with core CPI showing an unexpected rise. However, Watson emphasized that labor market data remains the primary focus for the Federal Reserve. He believes that next month's employment data will be a more crucial factor in determining the pace and extent of the Federal Reserve's easing measures.