Fed hike now looks locked and loaded, post CPI – ANZ
|Given the FOMC’s focus (and ranging views) on the inflation outlook, the October CPI figures were viewed by many as one of the most important final hurdles for whether the Fed would hike again at its final meeting of the year next month, according to analysts at ANZ.
Key Quotes
“With the data broadly in line with expectations, and the details showing tentative signs that some of the factors that had weighed on inflation earlier in the year are abating (medical services especially), it seems fair to believe that a hike now looks locked and loaded.”
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