business

Hot CPI report likely to put Fed on guard for longer-lasting inflation. Meanwhile, rate hike odds are rising.

Yahoo Finance · May 12, 2026, 2:18 PM · Also reported by 1 other source

Read full story on Yahoo Finance → More top stories

Also covered by

CNBC Markets raise chances for a Fed rate hike following hot inflation report

Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop

Hot CPI report likely to put Fed on guard for longer-lasting inflation. Meanwhile, rate hike odds are rising.

Also covered by

More in business