Fed speak turns hawkish after hot October CPI
FROM THE WIRE · SEEKINGALPHA.COM
Hot October CPI lifts rate-hike bets and turns Fed officials hawkish. Read more.
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishA hot CPI that lifts rate-hike bets weighs on equities and bonds.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01October CPI came in hot.
- 02Bets on a Fed rate hike have increased.
- 03Several Fed officials have taken a more hawkish tone.