Wall Street Sees Inflation Easing Even With Oil Above $90

Consumer Price Index (CPI) report is due to be released on Wednesday, with economists predicting that key inflation metrics continued to moderate in September despite elevated oil prices, giving the Fed room to slow down on interest rate hikes.

For September, economists expect headline inflation growth to clock in at 0.5% month-over-month and 3.6%- 3.7% year-over-year, up from 0.4% m-o-m and 3.4% Y/Y in August.

Meanwhile, core CPI, which excludes volatile energy and food prices, is seen climbing 0.2% in September, down from August’s… Home Oil Prices Oil Futures Rig Count Energy Energy-General Oil Prices Crude Oil Heating Oil Gas Prices Natural Gas Coal Company News Interviews Geopolitics Alternative Energy Nuclear Power Solar Energy Hydroelectric Renewable Energy Geothermal Energy Wind Power Fuel Cells Tidal Energy Biofuels Environment Global Warming Oil Spills Company News Breaking News Premium Articles My Account Get Exclusive Intel All Prices OPEC Blends Canadian Blends U.S.

Blends WTI Crude • 11 mins 95.33 +1.19 +1.26% Brent Crude • 11 mins 106.5 +0.81 +0.77% Murban Crude • 16 mins 110.6 -1.67 -1.49% Natural Gas • 11 mins 3.301 +0.018 +0.55% Heating Oil • 11 mins 4.955 +0.021 +0.42% Gasoline • 12 mins 3.252 +0.002 +0.05% Click Here for 150+ Global Oil Prices Gasoline • 12 mins 3.252 +0.002 +0.05% Heating Oil • 11 mins 4.955 +0.021 +0.42% WTI Midland • 4 hours 95.24 +0.42 +0.44% Opec Basket • 1 day 112.3 -1.73 -1.52% Indian Basket • 7 days 121.1 +3.47 +2.95% Click Here for 150+ Global Oil Prices Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.

Consumer Price Index (CPI) report is due to be released on Wednesday, with economists predicting that key inflation metrics continued to moderate in September despite elevated oil prices, giving the Fed room to slow down on interest rate hikes.

For September, economists expect headline inflation growth to clock in at 0.5% month-over-month and 3.6%- 3.7% year-over-year, up from 0.4% m-o-m and 3.4% Y/Y in August.

Meanwhile, core CPI, which excludes volatile energy and food prices, is seen climbing 0.2% in September, down from August’s 0.3%, with the annual core inflation rate expected to hold steady at 2.4%.

Additionally, the probability of a Federal Reserve interest rate hike at the upcoming October 27–28 meeting has dropped to around 19% to 20%, down significantly from over 70% in late September.

“ You’ve seen supply shocks create a sticky situation ,” Jeffrey Schulze, head investment strategist at the Franklin Templeton Institute, told Morningstar, referring to oil supply disruptions, tariff shocks and AI-related consumer goods’ price spikes.

“ But as we move toward 2027, some of these risks are going to start to moderate.