US October inflation comes in hotter than expected, Fed faces pressure to raise rates
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓US consumer inflation rose 0.4% in October, exceeding economist forecasts and keeping pressure on the Federal Reserve.
- ✓This data strengthens expectations for an interest rate hike at the December 8-9 meeting.
- ✓Federal Reserve Governor Christopher Waller said the central bank may need to consider a half-percentage-point increase if core CPI rises.
Story at a Glance
- Category
- Indian Markets
- Reported By
- CNBC TV18
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
US consumer inflation rose more than expected in October, keeping pressure on the Federal Reserve to tighten monetary policy and strengthening market expectations of an interest rate hike at its December 8-9 meeting.
The Consumer Price Index (CPI) increased 0.4% month-on-month in October, down from a 0.6% rise in September, according to data released by the US Labour Department on Tuesday (November 10). Core CPI, which excludes volatile food and energy prices, also rose 0.3%, matching the previous month's increase.
Both the headline and core inflation readings were 0.1 percentage point above economists' forecasts.
The Labour Department did not release year-on-year inflation figures for October as the government shutdown last year disrupted data collection, leaving the agency without comparable figures for October 2025.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
CNBC TV18
Read the full, original unfiltered story directly on the publisher's portal.
This brief is for information only and is not investment advice. ArthNow is not a SEBI-registered investment adviser and does not publish buy or sell recommendations. Original reporting is credited to the publisher named above. Read our editorial policy or report an error.