Tim Urbanovich, chief investment strategist at Innovator ETFs affiliated with Goldman Sachs Asset Management, said today's inflation print casts doubt on market pricing that the Fed will take a tactical pause in October. Oil prices above $100/bbl are adding friction to already-stubborn core inflation; the data complicate the disinflation narrative and could limit Fed flexibility.

2026-10-14

Tim Urbanovich, chief investment strategist at Innovator ETFs affiliated with Goldman Sachs Asset Management, said today's inflation print casts doubt on market pricing that the Fed will take a tactical pause in October. Oil prices above $100/bbl are adding friction to already-stubborn core inflation; the data complicate the disinflation narrative and could limit Fed flexibility.