According to CoinMeta, as reported by Wall Street Journal reporter Nick Timiraos, the Federal Reserve may accelerate interest rate hikes following the highly anticipated inflation report, facing the option of raising rates by 50 basis points in December or conducting consecutive hikes in December and January. In October, the core CPI rose by 0.3%, exceeding expectations and marking the third consecutive month of similar growth. Federal Reserve governor Christopher Waller warned that if such high numbers occur again, it could support a 50-basis-point rate hike, although other officials have not yet expressed support for this. The inflation report has increased the likelihood of further rate hikes in 2027.