Fed heads toward a December rate hike as the market already anticipates another increase in January
Federal Reserve officials this week consolidated expectations of a December rate hike and opened the possibility of consecutive increases, something not seen since 2023. The October inflation reading, which accelerated, and rising wholesale prices reinforced the debate. Investors already price in quarter-point increases in December, January and March. The Fed raised rates a quarter point in September, to a 3.75%-4% range, and held them steady in October.
In 30 seconds
- Fed officials reinforced expectations of a December hike and left the door open to consecutive increases.
- October inflation accelerated and wholesale prices rose at their fastest pace since 2022.
- The market already prices in quarter-point hikes in December, January and March.
IASummary generated by artificial intelligence from a story by Bloomberg Línea. It may contain errors: the original source prevails.





Comments
Be respectful. Comments reported by several people are hidden until a moderator reviews them.
You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.