Atlanta #Fed President Raphael #Bostic hinted at a potential pause in November rate cuts as inflation and labor market data surprised to the upside. September CPI stayed at 0.2% MoM but beat YoY expectations at 2.4%. Meanwhile, #oil prices surged 4% on rising U.S. demand ahead of Hurricane Milton and Israel-Iran tensions, with Brent up 3.75% to $79.45 and WTI rising 3.71% to $75.97.

#FOMC #CPI #OilPrices #WTI #Brent #Geopolitics #EnergyDemand #Inflation #Rates
#HurricaneMilton #Oil