Fed officials weigh faster rate hikes as inflation spreads beyond energy costs

KSL News • 11 Նոյ 14:32

New CPI data showing broader price increases prompted Dallas Fed President Lorie Logan and other officials to signal support for additional quarter-point hikes, while market odds of a December rate rise rose sharply.

CNBC • 11 Նոյ 13:16

Chicago Fed President Austan Goolsbee called the October CPI report “borderline disturbing,” highlighting concerns that inflation remains elevated and could prompt further rate hikes.

BigGo Finance • 11 Նոյ 04:06

Goldman Sachs raised its estimate of Federal Reserve rate hikes to three and delayed the first cut to December 2027 after October CPI data exceeded expectations.

The Age • 11 Նոյ 00:59

The Federal Reserve is anticipated to increase interest rates again following a rise in inflation, contrary to President Trump's calls for cuts.

PBS • 10 Նոյ 23:30

Inflation continues to exert pressure on American households, primarily driven by increases in food, energy, and housing costs, with economists projecting an annual inflation rate of around 4%.

Kitco • 10 Նոյ 21:22

Federal Reserve Governor Christopher Waller and Dallas Fed President Lorie Logan indicated that inflation pressures could lead to a 50-basis-point rate increase at the December meeting, with additional hikes likely needed.

Mortgage News Daily • 10 Նոյ 19:43

The average top-tier 30-year fixed mortgage rate rose 0.12 percentage point to 7.30% following a CPI reading that showed broad-based price pressures.

CNBC • 10 Նոյ 16:18

The consumer price index increased 0.4% in October, above expectations, as higher housing, energy and food prices kept inflation elevated.

The Globe and Mail • 10 Նոյ 15:38

October consumer price data came in higher than forecast, prompting a sharp rise in Treasury yields and boosting market expectations of a larger-than-usual Fed rate hike in December.

Reuters • 10 Նոյ 14:58

The Labor Department reported a 0.4% month-over-month increase in the Consumer Price Index for October, outpacing Reuters poll expectations and keeping inflation well above the Federal Reserve’s 2% target.

CNBC • 10 Նոյ 13:31

The consumer price index increased 0.4% in October, outpacing forecasts, while core CPI rose 0.3%, adding pressure on the Federal Reserve's interest-rate decisions.

NBC News • 9 Նոյ 23:00

Economists anticipate a 0.3% month-over-month increase in the consumer price index for October, with core inflation up 0.2%, amid declining gasoline and diesel prices.