A decision on a Fed rate hike is pending, with its outcome dependent on certain economic data. Two key inflation reports are set to be released in the next two days.

These reports are crucial in determining the course of action for the Fed rate hike. The source of this information is MarketWatch, which may have further details on the matter.

For more specific information on the impending inflation reports and their potential impact on the Fed rate hike, readers can refer to the source.