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Article The Guardian US News

Good news in US inflation report boosts chances Fed won’t hike rates

Bearish -55.0
−100 Bearish 0 +100 Bullish
Good news in US inflation report boosts chances Fed won’t hike rates

Traders see about a 35% chance of an October rate hike, down from ​about 45% following White House pressureGood economic news boosted Wall Street’s main indexes on Wednesday, as a softer-than-anticipated inflation reading buoyed up hopes that the Federal Reserve might not hike rates as soon ⁠as next month.A commerce department report ⁠showed the personal consumption expenditures (PCE) ​price index stood at 3.4% on an annual basis in August against estimates of 3.7%, per economists polled by Reuters. Continue reading...

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Article Info
Source The Guardian US News
Published Sep 30, 2026 · 3:34 pm
Article ID 0b9j1lk
Original URL Open source
Sentiment Signal
Bearish -55.0
−100Neutral+100
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