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The story so far · 2 days, November 10 to 11, 2026
One Turn followed this story across 2 editions, from Washington, D.C., United States on November 10, 2026. Newest first.
The Fed sets US interest rates. The 10-year Treasury yield is near 5%.
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October consumer prices rose more than expected. Fed official Austan Goolsbee called the report 'borderline disturbing'. Mortgage rates jumped after four weeks of easing. Retail sales grew at their slowest pace in nearly a year.
Why it matters: Higher inflation could mean more rate hikes and costlier loans for households.
Sources: CNBC, CNBC, CNBC · See it on the globe
US consumer prices rose 0.4% in October, higher than expected. The 10-year Treasury yield rose back toward 5%. Officials' comments raised expectations of rate hikes.
Why it matters: Higher rates raise borrowing costs for loans and mortgages.
Sources: CNBC, CNBC, BBC Business · See it on the globe