Fed Governor Christopher Waller said he favors a 25 bp hike at the December FOMC meeting, but a 50 bp move should be considered if October core CPI was around 0.3% or higher. Core CPI came in at 0.3%.
That keeps the December decision closely tied to the next inflation read and may raise sensitivity across risk assets if policymakers signal that 25 bp is no longer sufficient. Which inflation signal will matter most for the December debate?
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That keeps the December decision closely tied to the next inflation read and may raise sensitivity across risk assets if policymakers signal that 25 bp is no longer sufficient. Which inflation signal will matter most for the December debate?
$btc $eth $bnb
Not financial advice.
Follow for more crypto news and market updates.