The minutes from the Federal Reserve's September policy meeting on Wednesday confirmed the central bank is watching the data closely, making today's consumer...
The minutes from the Federal Reserve's September policy meeting on Wednesday confirmed the central bank is watching the data closely, making today's consumer prices report all the more important.
Core inflation, which strips out volatile energy and food prices, is expected to have also risen 0.3% in September. On an annual basis that would leave core CPI at 4.1%, its lowest level in two years. Natural gas prices in Europe and the U.S. are both holding near multi-month highs as there is already evidence that supply could be affected, after the Israeli energy ministry instructed Chevron to shut-in production at its Tamar facility.
For now, equities in Europe are broadly higher, futures in the U.S. are pointing to a positive open, while the dollar is flat after a six-day streak of daily losses.Banker says Trump’s financial statements were key to loan approvals, but there were 'sanity checks'
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