Why the Fed May Raise Rates in December (Oct 30, 2026)
Markets now see a Fed rate HIKE as likely in December. PCE inflation came in at 3.6% for September.
· 279 views · YouTube video: The Fed May Raise Rates, Not Cut Them
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Quick overview
- As of October 30, 2026, markets see a Fed rate hike in December as likely, not a cut.
- PCE inflation came in at 3.6% for September. The Fed held at 3.75-4%, with two dissents for a hike.
- Fed presidents said rates need to go higher. Higher rates mean pricier loans and more pressure on stocks.
- 3.6% PCE inflation for September
- 70-85% Reported odds of a December hike
- 3.75-4% Fed rate range, held this week
What happened
Markets now see a Fed rate hike as likely in December, with CME-based odds reported at roughly 70 to 85%. In the week of October 30, 2026, the Fed held rates at 3.75 to 4%, but two officials voted for a hike. On October 30, more Fed presidents said rates need to go higher.
Why it matters
PCE inflation came in at 3.6% for September. Higher rates mean pricier loans and more pressure on stocks.
Watch the 30-second short to see why a cut turned into a likely hike.
FAQ
Will the Fed raise rates in December 2026?
As of October 30, 2026, markets see a hike as likely, with odds reported at roughly 70 to 85%, after inflation came in at 3.6%.
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Topics: fed rate hike, interest rates, inflation, pce inflation, federal reserve, stock market today, wall street, proof of data