Ash Crypto(@AshCrypto):Today's CPI data has locked in December's rate hike. Before CPI data, the odds of a 25 bps hike were already at 99%. The only thing that would have changed this in rate pause favour would be a cool inflation print, but it didn't happen. CPI went up 0.4% MoM vs. 0.3% expected. Core CPI went up 0.3% MoM vs. 0.2% expected. This means if excluding the energy prices, the inflation still went up, and this will give a free hand to the Fed for hiking rates.

2026.11.10 13:41

Today's CPI data has locked in December's rate hike. Before CPI data, the odds of a 25 bps hike were already at 99%. The only thing that would have changed this in rate pause favour would be a cool inflation print, but it didn't happen. CPI went up 0.4% MoM vs. 0.3% expected. Core CPI went up 0.3% MoM vs. 0.2% expected. This means if excluding the energy prices, the inflation still went up, and this will give a free hand to the Fed for hiking rates.