Fed officials want to hold off a rate hike this month. Will this week’s inflation data let them?
A troubling rise in prices might trigger an interest-rate move at the Fed’s meeting in late October.
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# Summary Federal Reserve officials are signaling they want to delay raising interest rates at their late-October meeting, but this week's inflation data could force their hand if price increases remain elevated. A persistent rise in inflation could compel the Fed to hike rates despite their preference to hold steady, potentially impacting equity valuations and bond markets.
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