Fed Governor Waller: Will support a 25-basis-point rate hike next month, or 50 basis points if necessary.

On Nov. 10, Federal Reserve Governor Waller recently stated: "The Fed will need to further tighten policy. U.S. inflation is too high, and September's inflation data was disappointing. I am particularly concerned about the broad-based spread of price increases. Even if October's CPI improves from September, it will still support raising rates by 25 basis points in December. If the October core CPI increase reaches around 0.3% or higher, the Fed may need to raise rates by 50 basis points in December." (Jin10)