Hot US inflation raises odds of half-point Fed hike in December
US inflation came in above forecasts in October, increasing expectations of a bigger rate hike in December and raising concerns for crypto investors.
We haven't written up this one. Cointelegraph has the full story — the link below goes straight to it.
Also reported by 2 other outlets
- Fed’s Christopher Waller opens door to 50-basis-point December rate hike after hot CPI economictimes.indiatimes.com
- Live news: Traders price in Fed rate hike for December as bitcoin, gold retreat coindesk.com
