FED COULD ACCELERATE RATE HIKES AFTER HOT INFLATION REPORT The Fed may face a choice between a 50-basis-point hike in December or back-to-back increases in December and January, according to WSJ's Nick Timiraos. Core CPI rose 0.3% in October, beating expectations and marking the third consecutive monthly increase of that size. Fed Governor Christopher Waller warned that another hot reading could justify a 50bps hike, though other officials have yet to endorse the move. The inflation report raises the likelihood of additional rate hikes in 2027.(彭博社)