Economic dataCNBC-TV18
US Federal Reserve officials open door to a quicker round of rate hikes as inflation worsens
Negative-24
GreyOak summary
US inflation data showed core CPI rising 0.3% for the third month, prompting Fed officials to consider a 50-basis-point rate hike in December. Policymakers warned that smaller increases risk undermining inflation-fighting credibility, driving Treasury yields higher.
What it affects
US Fed policyNegative -24Fed may hike rates by half a point.Rolling sentiment Negative -20
