Business

Odds of a half-point Fed hike rise after hot inflation data

The Federal Reserve is weighing its next interest rate move at its December meeting after October inflation came in above expectations.

By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .

What happened

Federal Reserve officials are debating whether to raise interest rates by a quarter or a half percentage point at their December meeting.

Timeline

  1. Nov 9, 2026: The U.S. economy added 165,000 jobs in October, well above economists' expectations of about 65,000, while unemployment edged down to 4.1%.
  2. Nov 10, 2026: Governor Christopher Waller said policymakers should weigh a half-point rate increase if inflation fails to slow.
  3. Nov 10, 2026: Odds of a half-point hike jumped on Tuesday after new data showed core consumer prices rising faster than expected.

Coverage

More on this story

More from Business

All Business news · Business story archive