re: Looks like we're getting a December hike

Tend to agree, they're likely going to hike and stop for a while but the signaling aspect becomes extremely important at this juncture. By that I mean if they don't hike at this point after this data, then they lose all credibility regarding their requirements for tightening monetary policy.

I use the term "tightening" loosely, no pun intended. Even if they hike they're still extending the current duration of their treasury holdings as they extend out what's maturing on their books.