EVEN A SMALL CPI BEAT COULD SEAL DECEMBER FED RATE HIKE Russell Investments warns that even a modest upside surprise in Tuesday's US CPI report could cement a December Fed rate hike. Following strong employment data and signs of economic resilience, strategist BeiChen Lin expects the Fed to have little tolerance for persistent inflation. Markets now price an 84.5% probability of a 25-basis-point hike on December 9, up from 76.3% a day earlier(彭博社)