October inflation data spurs Federal Reserve hike debate

Key developments

1. Nov 11, 2026

   October core prices rose 0.3% for a third straight month, hotter than expected.

   18 sources on this →
2. Nov 11, 2026

   Fed officials signaled they may weigh a half-point rate hike in December.

   18 sources on this →
3. Nov 11, 2026

   U.S. inflation forecast to rise 0.3% in October after September’s 0.6% jump.

   146 sources on this →

Coverage across the spectrum

Stories in this storyline

Finance

October Inflation Spurs Debate Over Fed Hike

U.S. inflation is expected to cool in October, with consumer prices forecast to rise 0.3% after September’s 0.6% jump and core inflation also set to ease modestly. But energy-driven price pressures and still-sticky underlying inflation may leave the Federal Reserve weighing an interest-rate hike at its December meeting.

146 sources

Finance

Hot Inflation Prompts Fed to Weigh Half-Point Hike

October inflation came in hotter than expected, with core prices rising 0.3% for a third straight month, prompting Federal Reserve officials to signal they may consider a half-point rate hike in December. The data intensified market expectations for tighter policy, which could raise borrowing costs and weigh on business investment and risk assets.