COINTELEGRAPH · 2026-11-10 17:31 UTC

Hot US inflation raises odds of half-point Fed hike in December

US CPI rose 0.4% month over month in October, above the 0.3% forecast, while core inflation rose 0.3% versus an expected 0.2%. Fed Governor Christopher Waller said another core reading of 0.3% or higher could justify a 50-basis-point hike at the December meeting. CME FedWatch showed an 88.3% chance of a quarter-point December hike and an 11.7% chance of a half-point increase; BTC traded near $73,274 and ETH near $2,028 after the report.

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