US CPI rose 0.4% in October, above expectations, while core inflation held at 0.3% for a third month. A 25-basis-point Fed hike in December remains the base case, with Waller open to discussing a larger move if core inflation stays elevated. Nvidia’s selloff spread to chipmakers, data center operators and energy companies as investors reassessed the pace of AI infrastructure spending.
13-11-2026 15:00 GMT
by Łukasz Zembik
