http://livedcmetro.com/potomac-market-statistics-for-20854/ US CPI rose more than expected in September: +0.3% m/m and 1.5% y/y against market expectations for a 0.2% m/m and 1.4% y/y increase. It was a marked acceleration from 1.1% y/y in August. The main reason for the increase of inflation was the surge of energy prices (+2.9% m/m) and of housing costs (+0.4% m/m). However, core CPI softened from 2.3% y/y to 2.2% y/y, signalling that inflationary pressures are contained.
http://thenannycollective.com.au/jobs/ The increase of headline CPI strengthen the possibilities that the Fed will hike rate by 25bp in December as it signals that inflationary pressures could rise in 2017.