Higher-than-expected inflation boosts odds of bigger Fed hike
Shutterstock By the NumbersHigher-than-expected inflation boosts odds of bigger Fed hike Investors are now starting to price in the possibility of a 50-basis-point short-term interest rate hike when the central bank meets in December. Dave GallagherNovember 10, 20263 minsThe hotter-than-expected inflation report released Tuesday not only clinches expectations of an…