Waller leaves the door open to a 50-basis-point rate hike in December
🏦 Fed Governor Christopher Waller supports a 25-basis-point December hike even if October inflation cools. This remains his personal view, rather than an FOMC decision.
📊 If core CPI rises around 0.3% month on month or more, he believes a 50-basis-point hike should be considered. He cited broadening inflation and risks to the Fed’s credibility.
💵 LSEG data cited by WSJ showed market-implied odds of a 25-basis-point December hike rising from 84% to 98% after his remarks.
⏳ October CPI is due at 20:30 WIB on November 10. The release could reshape expectations for the size of the Fed’s next move.
⚖️ Greater market pricing of a 50-basis-point hike could support the dollar and Treasury yields, putting pressure on gold, stocks and crypto.
#FedPolicy $ONE
🏦 Fed Governor Christopher Waller supports a 25-basis-point December hike even if October inflation cools. This remains his personal view, rather than an FOMC decision.
📊 If core CPI rises around 0.3% month on month or more, he believes a 50-basis-point hike should be considered. He cited broadening inflation and risks to the Fed’s credibility.
💵 LSEG data cited by WSJ showed market-implied odds of a 25-basis-point December hike rising from 84% to 98% after his remarks.
⏳ October CPI is due at 20:30 WIB on November 10. The release could reshape expectations for the size of the Fed’s next move.
⚖️ Greater market pricing of a 50-basis-point hike could support the dollar and Treasury yields, putting pressure on gold, stocks and crypto.
#FedPolicy $ONE
