PPI data eases hawkish Fed concerns, but chip stocks sink
PPI came in 0.1 pp below estimates, easing inflation fears. Dollar rose, AI stocks fell on China chip restrictions.
1 h ago6 min read
Fed's Collins: More rate hikes may be needed soon
Fed's Collins sees additional policy tightening as warranted soon, as inflation remains high and broadens.
13/11/2026 16:012 min read
- The Federal Reserve might need to tighten policy more than anticipated.
- The optimal approach involves a 'careful adjustment' of monetary policy.
- The labor market continues to show strength.
- Monetary policy's trajectory remains clear.
- Recent inflation data have been less encouraging than hoped.
- Inflation remains too high and seems to be expanding.
A December rate hike appears inevitable, with markets pricing in a 75% probability of consecutive increases. Bank of America now anticipates three straight hikes in December, January, and March.
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