US: Inflation and retail sales in focus - Rabobank

Analysts at Rabobank suggest that the data menu Today mainly has price indices on it especially, the US inflation number will be watched closely as the minutes of the FOMC meeting of 19-20 September indicate that there is considerable debate within the Fed about whether the softening of inflation this year is due to one-time factors or has a more structural nature.

Key Quotes

“Our “Fed watcher” Philip Marey mentioned that on balance, many FOMC members still think a rate hike is warranted. This means that if the incoming data are not sufficiently weak to change the Fed’s mind, we will shift our call for the next hike forward to December.”

“Meanwhile, US retail sales for September are expected to rebound from their weak readings in August.”


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.