{
  "id": 19402950,
  "title": "US stocks fall as inflation data boosts bets on larger Fed rate hike",
  "url": "https://urgent.news/2026/11/10/us-stocks-fall-as-inflation-data-boosts-bets-on-larger-fed-rate-hike",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-10T21:17:19.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today-freemalays",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/11/11/us-stocks-fall-as-inflation-data-boosts-bets-on-larger-fed-rate-hike"
  },
  "original_language": "en",
  "account": "US stocks experienced a decline on Tuesday as inflation figures surpassed expectations, fueling speculation of a larger Federal Reserve rate increase. Nvidia's shares dropped for the second consecutive day, with investors concerned over CEO Jensen Huang's future following an internal probe into spying allegations. US Treasury yields and major currencies saw a rise, while gold prices fell. The US Consumer Price Index rose 0.4% in October, outpacing estimates, and core CPI increased to 0.3%, higher than the 0.2% consensus. This prompted a potential half-point Fed rate hike at their upcoming meeting. Lower oil prices have alleviated some inflation concerns, but the Fed is now more worried about the rising cost of labor for services like plumbing and electrician services.",
  "summary": "Core CPI, which strips out volatile food and energy prices and is referred to as 'underlying inflation', came in at 0.3%, above the 0.2% consensus.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "CoinDesk",
        "title": "Live news: Traders price in Fed rate hike for December as bitcoin, gold retreat",
        "url": "https://urgent.news/2026/11/10/live-news-traders-price-in-fed-rate-hike-for-december-as-bitcoin-gold",
        "published": "2026-11-10T10:41:45.000Z"
      },
      {
        "outlet": "Quartz",
        "title": "Fed's Waller puts a half-point December rate hike on the table if inflation runs hot",
        "url": "https://urgent.news/2026/11/10/feds-waller-puts-a-half-point-december-rate-hike-on-the-table-if",
        "published": "2026-11-10T12:30:28.000Z"
      },
      {
        "outlet": "Cointelegraph",
        "title": "Hot US inflation raises odds of half-point Fed hike in December",
        "url": "https://urgent.news/2026/11/10/hot-us-inflation-raises-odds-of-half-point-fed-hike-in-december",
        "published": "2026-11-10T17:31:09.000Z"
      },
      {
        "outlet": "The Economic Times - Top News",
        "title": "Fed’s Christopher Waller opens door to 50-basis-point December rate hike after hot CPI",
        "url": "https://urgent.news/2026/11/10/feds-christopher-waller-opens-door-to-50-basis-point-december-rate",
        "published": "2026-11-10T18:12:40.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Fed officials open door to a half-percentage-point rate hike as inflation worsens",
        "url": "https://urgent.news/2026/11/10/fed-officials-open-door-to-a-half-percentage-point-rate-hike-as",
        "published": "2026-11-10T20:36:22.000Z"
      },
      {
        "outlet": "CFO Dive",
        "title": "Inflation rises faster than expected, boosting odds of Fed rate hike",
        "url": "https://urgent.news/2026/11/10/inflation-rises-faster-than-expected-boosting-odds-of-fed-rate-hike",
        "published": "2026-11-10T20:52:07.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}