High U.S. Inflation and Oil Prices Worry Markets

U.S. inflation was the main focus last week. September CPI rose 3.7% year over year, above the expected 3.6%, while PPI increased 6.3%, well above forecasts of 5.4%. Fed Chair Kevin Warsh gave little guidance on the October meeting. The chance of a rate hike stayed near 17%, little changed from the previous week, helping […] The post High U.S. Inflation and Oil Prices Worry Markets appeared first on ActionForex.