JUST IN: 🇺🇸 Fed projected to raise rates by 25 bps in December
All 101 economists in Reuters poll agree:
New rate: 4.00% - 4.25%
Meeting: Dec 8-9
But here's the twist: Core CPI came in at 0.3% exactly the level where Waller said 50 bps should be considered.
25 bps is base case. 50 bps is now on the table.
Source: Reuters Poll, Nov 10
All 101 economists in Reuters poll agree:
New rate: 4.00% - 4.25%
Meeting: Dec 8-9
But here's the twist: Core CPI came in at 0.3% exactly the level where Waller said 50 bps should be considered.
25 bps is base case. 50 bps is now on the table.
Source: Reuters Poll, Nov 10
