Claims extracted
14
sentences that state something as happening or true
Uncertain
36%
5 of 14 hedged
("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
68/100
CBS News's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Other
Same framing elsewhere
1
articles that frame the event the way this one does
The Federal Reserve is likely to accelerate the pace of interest rate hikes to rein in
, according to a growing number of Wall Street analysts.
uncertain
Reserve → accelerate → analysts
Aditya Bhave, a U.S. economist with BofA Global Research, expects monetary policymakers to raise the Fed's benchmark rate by 0.25 percentage points at each of the central bank's next three meetings in December, January and March.
asserted
policymakers → expect → December
Analysts at TD Securities also predict three straight quarter-point hikes, up from their previous forecast of two, because hotter inflation signals that price pressures across the U.S. are broadening.
asserted
pressures → predict → U.S.
The latest Consumer Price Index showed that inflation r
in October, climbing 0.4%."Inflation is not trending in the right direction," TD Securities said Friday in a note to investors.
asserted
Securities → show → investors
"The October report not only surprised our own forecast, it was also not driven by a particular factor or two as had been the case in recent reports.
asserted
it → surprise → reports
Price pressures appear to be broadening.
asserted
pressures → appear → ?
"
Hotter inflation in October was the third straight month that prices have risen faster than expected amid supply constraints and ample economic demand, according to EY-Parthenon chief economist Gregory Daco, who is penciling in rate hikes for December and January.
uncertain
who → rise → December
"For any borrower, this will mean a high cost of borrowing for any type of consumer loan people take out," Daco told CBS News.
asserted
Daco → mean → News
"A higher federal funds rate trajectory will generally mean higher long-term interest rates and increase the cost of borrowing for consumers across the country."
asserted
trajectory → mean → country
Interest rate traders put the odds of a quarter-point hike at the Fed's next meeting on Dec. 8-9 at nearly 90%, and also see a better-than-even chance of another such hike at the Jan. 26-27 gathering, according to CME FedWatch.
uncertain
traders → put → FedWatch
Some Fed officials themselves have said tightening may need to be more aggressive to bring inflation in line with their 2% annual target.
uncertain
tightening → say → target
At a conference in London on Tuesday, Fed Governor Christopher Waller said policymakers should consider a 0.50 percentage-point increase in December, adding that a smaller hike "would put our credibility at risk."
asserted
hike → say → risk
High energy prices continue to drive inflation, along with robust corporate spending on data centers and other equipment for powering AI.
asserted
prices → continue → AI
"Together, these forces could keep inflation elevated into 2027 and weigh further on household purchasing power," Daco said in a report.
uncertain
Daco → keep → report