U.S. inflation data impacts market expectations for Federal Reserve interest rate hikes

Updated 2026-11-11 · told from many outlets at once

United States consumer prices rose 0.4 percent in October compared to September. Following the data, the Dow Jones Industrial Average fell 340.80 points to close at 52,048.95, while the S&P 500 dropped 28.46 points to 7,521.48. Additionally, Brent crude oil prices sank 2.4 percent to US$90.31.

Fed Governor Christopher Waller signaled support for a December rate increase.
Inflation that excludes food and energy components rose 0.3 percent.
Anthropic's IPO is expected to value the company at up to $1.4 trillion.

Open the full story — timeline, facts and every outlet

Outlets: ABC Color, ABC News Australia (Top), Business Recorder, Business Standard, China Labour Bulletin, Dagens Næringsliv, El Comercio (Peru), Free Malaysia Today, Handelsblatt, International: Top News And Analysis, Katadata, N1 Srbija, RTL Today, The Economic Times, The Korea Times, Vijesti, globalnews.ca, n-tv

Written by AI from the outlets' reporting and checked automatically; it can contain mistakes. How Daily Brief works · Privacy