"With real economic growth solid and the stock market continuing to rebound, we suspect that it's still too soon to assume that the Fed's tightening cycle is over," said Andrew Hunter, Senior U.S. He added, "But the continued stability of core inflation could give the Fed more room to pause, as officials assess the impact of the slowdown in global growth and tightening in financial conditions on the domestic economy." Next Tuesday, the Labor Department is scheduled to release a separate report on producer price inflation in the month of December.