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

Kareem FaridBy Discuss 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.

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