
🚨 Fed/Waller: If October’s U.S. CPI data comes in at 0.3% or higher on a monthly basis, a 50-basis-point rate hike may be necessary. Even if October’s inflation data shows improvement compared to September, I still support a 25-basis-point rate hike in December. Inflation remains too high, and September’s inflation data was disappointing. It’s crucial that previously announced rate hikes are implemented within a reasonable timeframe.


