Russell Investments: Slight CPI exceeding expectations may lead to the Fed's interest rate hike in December
2026-11-10 03:12:04
According to CoinMeta, Russell Investments warns that if Tuesday's US CPI report shows a slight upward surprise, it could reinforce the Federal Reserve's decision to raise interest rates in December. With strong employment data and signs of economic resilience, strategists Beichen Lin expect that the Fed will have little tolerance for ongoing inflation. Currently, the market expects a 25-basis-point rate hike on December 9th with a probability of 84.5%, up from 76.3% the previous day.
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Source:X
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