Inflation in the United States rose more than expected, increasing pressure on the Federal Reserve to raise interest rates.
The US Consumer Price Index rose 0.4 percent in October after seasonal adjustments. This increase exceeded market expectations. Meanwhile, the 10-year Treasury bond yield rose more than seven basis points to 4.938 percent.
- The Consumer Price Index rose by 0.4 percent in October after seasonal adjustments.
- Fed Governor Christopher Waller stated a 50 basis point hike in December must be considered.
- The US inflation exceeded market expectations.
- The 10-year Treasury bond yield rose more than seven basis points to 4.938 percent.
Outlets: Clarín, ECO, El Comercio (Peru), Handelsblatt, La Tercera, La Vanguardia, Perfil, g1
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