Friday, September 16, 2016

Inflation Data Renews And Aggravates Rate Hike Worries

The major U.S. index futures are pointing to a lower opening on Friday after some fairly innocuous data in terms of their implications for Fed rates offered some solace yesterday. The recent trigger that has brought up rate hike worries all over again is the U.S. consumer price inflation report for August, which came in more than expected, signaling that there is some scope for upward maneuvering

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