Consumer Price Index data sealed the deal for a December rate cut, but the outlook for next year is less certain.

However, headline CPI may come in at a 3.2% annual rate as ... For example, the Atlanta Fed’s Wage Tracker currently has wages rising at a 6% annual rate as of their most recent May estimate.

Consumer prices rose in November at the fastest pace in seven months, but the latest inflation report is probably not hot enough to sidetrack the Federal Reserve from cutting interest rates again next ...