[Huatai Securities: Maintain the judgment that the Federal Reserve will suspend interest rate hikes in October and raise interest rates once in December] On October 15th, Huatai Securities reported in a research report that U.S. core CPI inflation increased more than expected in September from the previous month. In addition to the unexpected increase in the housing sub-item as the main driver, other sub-items also experienced widespread increases. The CPI data shows that inflationary pressure in the United States may be widespread. However, considering the recent statements of Federal Reserve officials and the tightening of financial conditions, the Federal Reserve still has room to wait and see. It still maintains the judgment that the Federal Reserve will suspend interest rate increases in October and raise interest rates once in December.