Supported by modest hiring, an uptick in consumer spending, and steady homebuilding.
U.S. at slowest pace in 18 months.
More people entered the job market, pushing rate from 4.5 to 4.6 percent.
Nearly half of sales in the past year went to people who were buying their first home.
Inflation is relatively low despite job growth.
0.3 percent hike next year
Consumer Price Index increased 0.3 percent
Investors fear bank profits will suffer.
Rose 0.2 percent last month, lifted by more output of furniture, cars,
Remarks could help explain why the Fed has been reluctant to raise U.S. interest rates.