November 10, 2026

Budget, Credit Cards

Waller Backs December Hike and Says 50 Basis Points Should Be Considered

Empty modern lecture podium on a raised stage in a London university business school auditorium with a dark wood lectern and slim microphone, two empty leather chairs beside it, rows of empty upholstered seats receding into soft focus, and tall arched windows admitting grey overcast daylight

Fed Governor Christopher Waller said he would support a 25 basis point hike on December 9 and that 50 basis points should be considered if October core CPI runs near 0.3 percent. Prime sits at 7.00 percent.

Laura Adams
November 10, 2026