EL7.AI
Central BanksMedium•10 November 2026•
1 min read

Fed's Waller Sparks Debate Over 50bps Rate Hike in December

Key Facts

1Federal Reserve Governor Christopher Waller sparked debate over a potential 50-basis-point interest rate hike in December.
2Waller's comments follow October CPI inflation data that came in hotter than expected.

Federal Reserve Governor Christopher Waller sparked debate over a potential 50-basis-point interest rate hike at the December meeting. Reports indicated that Waller's suggestions follow October CPI inflation data that came in hotter than expected, prompting a hawkish shift in the debate over the pace of monetary tightening.

The comments align with persistent inflationary pressures shown in data released on November 10, 2026, where the Super Core CPI month-over-month reached 0.44%, exceeding the 0.4% forecast. On the same date, the annual inflation rate was reported at 3.9%, highlighting continued growth in consumer prices above previous levels.

The Federal Reserve is scheduled to hold its next policy meeting on December 16, 2026. Ahead of this, the market will receive the Producer Price Index data on November 13, 2026, with a forecast monthly increase of 0.4%.