Follow MarketWatch coverage of the consumer price index data and the ensuing reaction in financial markets.
Federal Reserve policy makers are still in limbo when it comes to the need for another rate hike, with Thursday's inflation data doing little to add clarity, said economists at Evercore ISI led by Fed-watcher Krishna Guha, in a note. 'The September CPI report is not a good one for the Fed, but will keep the U.S.
There was nothing in the data that 'looks like a forcing device and we continue to think there is very little likelihood of a hike in November,' the economists wrote. They see the report adding some 'risk premium' to the December Fed meeting, but remain confident the trend lower in the personal-consumption expenditure, or PCE, measure of inflation --- the Fed's preferred measure --- will continue.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Most Fed members backed future rate hike, Fed September minutes showMost Fed members backed future rate hike, Fed September minutes show
Read more »
US CPI seen slowing for September — TDSAnalysts with Toronto-Dominion Securities (TDS) note that US Consumer Price Index (CPI) figures due this week are likely to see a mild printing for Se
Read more »
September CPI report: S&P 500 futures rise ahead of inflation reportFollow MarketWatch coverage of the consumer price index data and the ensuing reaction in financial markets.
Read more »
September CPI report: S&P 500 futures rise ahead of inflation dataFollow MarketWatch coverage of the consumer price index data and the ensuing reaction in financial markets.
Read more »
Dow futures edge higher ahead of key September CPI releaseDow futures edge higher ahead of key September CPI release
Read more »
CPI report shows headline inflation for September was hotter than forecast on rising shelter costsGreg Robb is a senior reporter for MarketWatch in Washington. Follow him on Twitter grobb2000.
Read more »