Daily Market Updates: Hot Inflation Report and Hawkish Comments From Fed’s Waller Put a 50 Bps December Hike in Play

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Hot Inflation Report and Hawkish Comments From Fed’s Waller Put a 50 Bps December Hike in Play

Reported · Written up by our desk · Residential

Takeaway: A hot inflation report coupled with aggressive remarks from Fed Governor Waller overnight locks in a December rate hike and brings up the possibility of a larger 50 bps hike or a previously unanticipated hike in January. Core CPI, which excludes energy and food, came in at 0.296% month-over-month in October, down from the […] The post Hot Inflation Report and Hawkish Comments From Fed’s Waller Put a 50 Bps December Hike in Play appeared first on Redfin Real Estate News .

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Redfin NewsHot Inflation Report and Hawkish Comments From Fed’s Waller Put a 50 Bps December Hike in Play

Real Estate

Hot Inflation Report and Hawkish Comments From Fed’s Waller Put a 50 Bps December Hike in Play

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