🎯 Christopher Waller is reported to favor a December rate hike—even if October inflation cools—with a 50-basis-point move on the table if core CPI is around 0.3% or higher. 📊 October core CPI is forecast at 0.2% month over month, versus 0.3% in September. Waller’s reported concerns include broadening price increases and a potentially persistent energy-price shock. 🔥 The CPI release is due today; the December Fed meeting is the next policy test. A larger hike could weigh on risk assets, though reported market moves lack consistent supporting data. #FederalReserve #Inflation #CPI #Markets
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