Sina Finance: October CPI beats forecasts, fueling Wall Street talk of 50bp Fed hike in December
Briefing by News4U · First published
Sina Finance reports that the October CPI rose 0.4% month-on-month, above the 0.3% forecast, and core CPI rose 0.3%, above the 0.2% forecast. The report also notes that Fed Governor Christopher Waller said he supports a December rate hike and would back a 50 basis point increase if inflation continues to accelerate. Analysts from Charles Schwab, Pantheon Macroeconomics, the University of Michigan, Northlight Asset Management, the Brookings Institution, LPL Financial and Euro Pacific Asset Management offered differing views on whether the December move will be 25 or 50 basis points. [1]
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- 华尔街热议10月CPI：美联储12月加息板上钉钉，幅度或达50个基点！
Sina Finance · · Full text