BREAKING 🚨
US CPI spikes hotter than expected, raising odds of a December Fed rate hike 🚀
October CPI posted headline +0.4% MoM, above the +0.3% forecast. Core CPI rose 0.3% MoM versus 0.2% expected. Headline eased from September’s 0.6%; core unchanged for three months. Fed Governor Waller signaled a possible 50‑bp hike in December 🏦
Markets will watch the December decision closely 📈
$INIT, $QI, $INIT
US CPI spikes hotter than expected, raising odds of a December Fed rate hike 🚀
October CPI posted headline +0.4% MoM, above the +0.3% forecast. Core CPI rose 0.3% MoM versus 0.2% expected. Headline eased from September’s 0.6%; core unchanged for three months. Fed Governor Waller signaled a possible 50‑bp hike in December 🏦
Markets will watch the December decision closely 📈
$INIT, $QI, $INIT
