European Council President Costa said Ukrainian President Zelenskiy can count on our support at any time.

US core PPI YoY 5.0% in September vs 4.4% expected; prior reading revised to 4.8% from 4.6%.

1. Bank of America: 25 basis point rate hikes in October and December. The bank noted in July that US monetary policy remained too loose. Following the release of US CPI data this week, Bank of America analysts stated that widespread inflationary pressures further strengthened the case for an October rate hike. 2. JPMorgan Chase: 25 basis point rate hike in December. The bank had already moved its next rate hike forecast to December back in July, previously expecting another rate hike in the second half of next year. 3. Nomura Securities: 25 basis point rate hike in December. Nomura's October research indicated that the US economy remained resilient, while inflation lacked substantial improvement. Furthermore, the situation in the Middle East further pushed up energy prices, increasing the risk of inflation transmitting to other goods and services, thus necessitating a further rate hike by the Federal Reserve in December. 4. HSBC: 25 basis point rate hike in December. The main factor supporting the rate hike was the resilience of the US economy: stable consumer spending, strong corporate capital investment, and no significant deterioration in the job market, providing room for the Federal Reserve to continue raising rates. 5. Barclays: 25 basis point rate hike in December. At the end of August, the bank believed that Warsh's emphasis on persistently high inflation, insufficiently restrictive financial conditions, and a fully employed labor market was essentially providing a policy justification for further rate hikes. 6. UBS Global Wealth Management: 25 basis point rate hike in December. After the US September CPI exceeded expectations, the bank predicted that the Fed would raise rates again in December and March of next year, believing that the spread of inflationary pressures meant the Fed might need to gradually raise rates over a longer period. 7. Morgan Stanley: 25 basis point rate hike in December. On September 15, the bank turned hawkish on its Fed policy forecast, believing that the decline in inflation was slower than previously expected and lacked sufficient persuasiveness. 8. Standard Chartered: 25 basis point rate hike in December. Key factors driving further rate hikes include strong AI investment, a still-tight labor market, and persistent inflationary pressures from rising energy prices. 9. Citigroup: 25 basis point rate hike in December. Following the release of the latest US CPI data, Citigroup changed its forecast from no rate hike by the Federal Reserve this year to a 25 basis point rate hike in December. The bank believes that interest rates will remain stable for some time after the December hike, and may not begin to cut rates until June next year. 10. Goldman Sachs: 25 basis point rate hike in December. Goldman Sachs postponed the next Fed rate hike from October to December in September, mainly due to lower-than-expected US August PCE inflation data and signals from Fed officials that there was no rush to continue raising rates. 11. Deutsche Bank: 25 basis point rate hike in December. Inflation remains significantly above the Fed's 2% target.