October CPI Makes 50 bps Rate Hike Possible; Wild Card in Crude Oil's Plunge

Energy once again is leading a hot CPI print and raising chances of another interest rate hike for December. Kevin Hincks makes the case that a 50-bps hike is on the table with the latest print. However, he also poses the argument: is the data "stale?" He makes the case that crude oil's recent price plunge opens the door to a stark pullback in rate hike chances once the market gets November CPI.

Opening Bell With Nicole Petallides

10 Nov 2026

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