Institution: US inflation data will be a key guide for interest rate outlook.

Jin10 data reported on October 20th that due to the U.S. government shutdown leading to a lack of key data this week, U.S. dollar and treasury investors will carefully analyze the postponed inflation data to assess the outlook for U.S. interest rates. Kudotrade analyst Konstantinos Chrysikos pointed out: “If the readings meet or fall below expectations, it may reinforce the market's expectation for deeper policy easing in 2025-2026, thereby putting downward pressure on yields and the dollar again.” In his view, only significantly better-than-expected data can substantively challenge the current expectations for a further series of interest rate cuts.