#HotCPIDecemberHikePriced
🇺🇸 Is the December Fed Rate Hike Already Priced In?

The latest US inflation data has changed the market conversation.

October CPI increased 0.4% MoM, above the 0.3% forecast, while Core CPI rose 0.3% MoM (vs 0.2% expected), driven by Shelter (+0.3%), Food (+0.5%), and Electricity (+0.9%).

Following Fed Governor Waller's hawkish remarks, markets now price a 91% probability of a December rate hike (~85% for 25bp and ~15% for 50bp). Because a 25bp move is already priced in, $BTC ($74,359), $ETH ($2,085.59), and $SOL ($85.13) absorbed the initial post-CPI volatility and rebounded strongly.

The bigger question now isn't December's 25bp hike—it's whether the Fed signals additional tightening in 2027 or if easing energy prices cap the cycle.