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  • 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 Reut
     

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

30 septembre 2026 à 11:34

Traders see about a 35% chance of an October rate hike, down from ​about 45% following White House pressure

Good 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.

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© Photograph: Sarah Yenesel/EPA

© Photograph: Sarah Yenesel/EPA

© Photograph: Sarah Yenesel/EPA

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