Fed's Waller puts a half-point December rate hike on the table if inflation runs hot

What happened: Fed Governor Waller said a half-point rate hike is possible at the December meeting if inflation runs hot, adding he leans toward a quarter-point increase if October inflation improves. Key numbers: Fed meets Dec. 8-9. Why it matters: The remarks set out two possible sizes for the December move, tied to incoming inflation data ahead of the meeting. Coverage: 5 outlets in 24h

Fed Governor Waller said a half-point rate hike is possible at the December meeting if inflation runs hot, adding he leans toward a quarter-point increase if October inflation improves.

The remarks set out two possible sizes for the December move, tied to incoming inflation data ahead of the meeting.