If tomorrow no hike, never we can see a hike in the future, their lost the train in june and condition for hike was much better than now. So it's clearly the Fed have lost the control and logic the credibility.
Consumer Prices in U.S. Drop in August on Plunging Energy Costs
The consumer price gauge increased 0.2 percent in the 12 months ended in August, the same as in July. The core CPI measure, which excludes volatile food and fuel costs, rose 1.8 percent from August 2014, matching the year-over-year gain a month earlier. The median projection in the Bloomberg survey called for the core gauge to rise 0.1 percent from July, and 1.9 percent from the same month last year. Energy costs decreased 2 percent from a month earlier, the biggest decline since January. Gasoline prices slumped 4.1 percent, the most in seven months. Gas Prices The nationwide average cost of a gallon of regular ... (full story)