Here’s What The Fed Will Be Looking For In September’s CPI Data

On September 13, we’ll receive Consumer Price Index data for August, after broadly encouraging data for the prior two months.

In recent statements, Federal Reserve officials have largely downplayed the chances of an interest rate hike on September 20. However, September and October’s CPI numbers in combination will inform whether the Fed decides to make what might be a final increase in short-term rates on November 1.