Google Analytics counts our visits, with cookies. No thanks turns it off and removes its cookies; in Europe, the UK, Switzerland and India, or wherever we cannot tell where you are, it stays off unless you accept. Cookie Notice

Advertise
PRICES

US October CPI and PPI in focus as rate-hike bets build

NewsFeeds update

US October CPI is due at 21:30 UTC on 10 November and PPI at 21:30 UTC on 13 November, alongside speeches from several Federal Reserve officials. After October non-farm payrolls rose by 165,000 and unemployment fell to 4.1%, LSEG data showed futures implying about an 80% chance of a December rate rise, with ING expecting headline and core CPI to rise 0.3% month on month.

MacroChainCatcherAIBearish

Read the original on ChainCatcher

The story so far: December Fed rate hike odds

CME FedWatch showed an 86% chance of a 25 basis point Fed rate rise in December in late October. After October nonfarm payrolls rose 165,000 and unemployment fell to 4.1%, LSEG data showed futures implying about an 80% chance of a December rate rise, with October CPI due 10 November and PPI on 13 November.

Headlines only, oldest first. Open a headline for the full update and the outlet it came from.

  1. US October CPI and PPI in focus as rate-hike bets build

More Macro updates

Every Macro update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.