Fed’s Waller Sparks Larger Rate Hike Debate After Hot Inflation

Federal Reserve Governor Christopher Waller ignited debate over a possible half‑percentage‑point rate increase in December after October CPI data showed hotter‑than‑expected inflation. His comments reverberated through markets, influencing Treasury yields, the dollar, and expectations for future Fed policy. Economists, including PIMCO’s Tiffany Wilding, analyzed the impact on Bitcoin and broader financial conditions.