Odds Of A Rate Hike Rise After The September CPI Report

What happened: Consumer prices rose 0.6% in September and were up 3.7% over the past year. The annual figure came in slightly above the 3.6% the market expected, while the monthly number matched expectations. Key numbers: September CPI +0.6% monthly, +3.7% year over year, versus 3.6% expected. Why it matters: The headline states that odds of a rate hike rose after the September CPI report, following the higher than expected annual reading.

Consumer prices rose 0.6% in September and were up 3.7% over the past year. The annual figure came in slightly above the 3.6% the market expected, while the monthly number matched expectations.

The headline states that odds of a rate hike rose after the September CPI report, following the higher than expected annual reading.