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Any doubts over about December Fed hike may be swept away
Inflation numbers from the United States on Tuesday could be the provider of the final domino in the Federal Reserve's track to raise interest rates next month. Earlier in November a robust report on U.S. employment hardened expectations for the Fed's first rate increase in nearly a decade and if prices are shown to be rising steadily those views will likely solidify. Reuters polls see inflation a 1.9 percent year-on-year, unchanged from the previous reading. Minutes from the Fed's October meeting will also be published, giving an insight into the Committee's decision to remove a key sentence on global risks from its ... (full story)
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