Reuters Poll: Fed Expected to Raise Interest Rates in December on Inflation Risks
Key Facts
A Reuters poll showed the Federal Reserve is expected to raise interest rates once more in December as inflation risks remain elevated. Reuters reported that persistent price pressures are forcing the central bank to consider further tightening despite previous pauses in the hiking cycle.
These expectations emerge alongside sustained inflationary trends, with the annual inflation rate in the United States standing at 3.7% as of November 10, 2026. Additionally, the Michigan Consumer Sentiment index reached 51 on November 6, 2026, exceeding the forecasted level of 48.
The Bureau of Labor Statistics is scheduled to release the Producer Price Index data on November 13, 2026, a key metric for the Fed to assess inflation trajectories. Markets are also awaiting the Initial Jobless Claims report on November 12, 2026, for further insights into labor market strength.