A post by @DeItaone on X.

Core CPI rose 0.3% in October, exceeding expectations and prompting WSJ’s Nick Timiraos to suggest the Fed may choose between a 50-basis-point hike in December or consecutive increases in December and January. The hotter-than-expected inflation reading shifts the policy debate toward a faster pace of tightening than previously signaled. Markets now face renewed uncertainty over the terminal rate and the timing of any pause. The next key signals will be Fed communications ahead of the December meeting and whether subsequent inflation data confirm persistent price pressure.