All Eyes Turn to CPI After PPI Comes In As Expected -- Market Talk
Dow Jones2026/09/10 13:260926 ET - August's PPI largely met analyst expectations, rising 0.4% from July. Now, market participants will focus on tomorrow's CPI print. Rate hike projections are nearing 70% for September's interest rate meeting, according to CME's FedWatch tool. After the CPI is released, economists will start submitting their projections for PCE, the Fed's preferred inflation target. A lower-than-expected CPI print tomorrow would strengthen the case for holding rates steady. "October is a live meeting, but it would be highly unlikely that they would begin a rate hiking cycle," wrote Chris Zaccarelli, chief investment officer for Northlight Asset Management.(jessica.coacci@wsj.com)
(END) Dow Jones Newswires
September 10, 2026 09:26 ET (13:26 GMT)
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