Market expectation of a 75 rate hike actually went up after the CPI report. From market pondering whether Fed would hike 50 or 75 basis points in Nov to 100% that they would hike at least 75 and around 5% they might hike 100. As for December hike, market is now shifting to a 75 basis hike from 50
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The Reporter Who Knows What Jerome Powell Is Thinking Or, at least, that is Nick Timiraos’s reputation on Wall Street and in Washington
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