Economy · Timeline
The Road to a December Fed Rate Rise
From September’s first rise in three years to the 8–9 December meeting: how a hike came back.
Kunkafa News · Published · 2 min read
By Kareem FaridDiscuss with the author on X
Key points
- The Fed raised rates in September, its first rise in three years, then paused in October.
- Governor Christopher Waller now backs a 25 basis point rise in December.
The October inflation report cleared the way for a December rise, Kiplinger noted. Waller said a 50 basis point move should be considered if core inflation stays at or above 0.3% a month, according to XTB.
September: first rate rise in three years. October: a pause. 10 November: October prices up 0.4%. 8–9 December: the next meeting.
Kunkafa forecasts
Nasdaq 100
How far it could move, which way, by when, and how confident Kunkafa is.
Check the latest forecastsMore in Economy

Fed’s Hammack Wants Smaller, More Frequent Rate Rises
The Cleveland Fed president said inflation is “moving in the wrong direction”, but the Fed is not behind the curve today.
Pound Slides Even as UK Growth Beats Forecasts
Sterling stayed near $1.326 and is down about 1.4% in three days, while the FTSE 100 edged higher.
US Inflation Ran Hotter Than Expected in October
Prices rose 0.4% in October against 0.3% expected, raising the odds of a December rate rise.