Fed officials signal more rate increases after hotter-than-expected October inflation
Several Federal Reserve policymakers said on 10 November that further interest-rate increases are needed, after official data showed US consumer prices rose 0.4% in October. Traders are pricing a December hike.
3 min read
In this story
Several Federal Reserve officials said on Tuesday 10 November that further interest-rate increases will be needed, and one governor said a half-point rise should be considered in December, after US consumer prices rose more than forecast in October.
How this story was sourced.
4 sources from 3 organisations, 1 of them official or primary documents.
Official and primary documents 1
The body that made the decision, the paper, or the organisation’s own release.
News organisations 3
Reports by other newsrooms. Where a story was carried by another outlet, both are named.
- CNBC Consumer prices rose 0.4% in October, more than expected, complicating Fed's inflation fight cnbc.com
- CNBC Fed Governor Waller sees December hike likely, opens door to possible half-point increase cnbc.com
- Associated Press via BNN Bloomberg As higher prices seep into broader economy, U.S. Fed officials consider faster hikes bnnbloomberg.ca
The sources as the story lists them
Sources
- Bureau of Labor Statistics: Consumer Price Index news release, October 2026
- CNBC: Consumer prices rose 0.4% in October, more than expected, complicating Fed's inflation fight
- CNBC: Fed Governor Waller sees December hike likely, opens door to possible half-point increase
- Associated Press via BNN Bloomberg: As higher prices seep into broader economy, U.S. Fed officials consider faster hikes
