US Core CPI YoY came out higher than expected at 1.7% vs 1.6% forecast. Core CPI MoM August 0.2%.

Initial Jobless Claims at 284k vs 300k forecast. Bad news for real earnings at -0.6% vs -0.2% forecast.

It might seems a step in the right direction towards the 2% inflation target that the FED tries to achieve. The discussion for another rate hike by year end remains open for debate.