Markets8h ago
Inflation ran hot again in October. Traders now think the Fed is starting a hiking cycle, not ending one.
A 0.4% rise in consumer prices and a 10-year yield back at 5% have made a December rate rise close to certain. The bigger shift is further out, with a second rise by January now an even call.
86%
Fed raises rates by a quarter point in December
up 10 points over 7dLive odds on Polymarket
Future Times10 Nov 20264 min read