Inflation remained elevated in October, CPI report shows, upping odds of Fed interest rate hike
Published . Updated .
Key takeaways
- Inflation rose at a monthly pace of 0.4%, hotter than economists had forecast and raising expectations that the Federal Reserve will increase interest rates in December.
- Exposed: PG, TLT, IEF, TIP, JPM
- Market reaction: TLT −1.6% by the next session (still updating); PG +0.4% on the day (still updating); IEF −1.0% by the next session (still updating)
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Inflation rose at a monthly pace of 0.4%, hotter than economists had forecast and raising expectations that the Federal Reserve will increase interest rates in December.
Directly affected
- No company is named in this report.
Indirectly affected
- TLT iShares 20+ Year Treasury Bond ETF-1.2% 19d
iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.
- IEF iShares 7-10 Year Treasury Bond ETF-0.1% 19d
iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.
- TIP iShares TIPS Bond ETF+0.4% 19d
iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.
- JPM JPMorgan Chase+0.1% 30d
JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.
- BAC Bank of America-11.4% 30d
Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.
- DHI D.R. Horton+6.8% 30d
D.R. Horton (operative builders): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.
- SCHW The Charles Schwab
The Charles Schwab (security brokers, dealers and flotation companies): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.
- WMT Walmart+20.2% 30d
Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| TLT | -1.07% | -0.05% | base | -1.31% | -1.61% | after close | after close |
| IEF | -0.68% | +0.21% | base | -0.83% | -1.00% | after close | after close |
| TIP | +0.06% | +0.20% | base | -0.69% | -0.73% | after close | after close |
| JPM | -1.14% | -1.31% | base | +0.04% | +0.20% | after close | after close |
| BAC | -1.83% | -1.53% | base | +0.24% | -0.06% | after close | after close |
| DHI | -6.68% | +1.29% | base | -3.80% | -5.29% | after close | after close |
| SCHW | -3.73% | -0.15% | base | +0.33% | -0.35% | after close | after close |
| WMT | -0.64% | +1.67% | base | -0.09% | -1.00% | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Inflation remained elevated in October, CPI report shows, upping odds of Fed interest rate hike CBS News
Source: CBS News
Procter & Gamble (PG) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| Bank Of America (BAC) | that day | +0.24% | final price |
| Bank Of America (BAC) | the next day | -0.06% | still updating |
| Bank Of America (BAC) | three days earlier | -1.53% | final price |
| Bank Of America (BAC) | five days earlier | -1.83% | final price |
| DHI | that day | -3.80% | final price |
| DHI | the next day | -5.29% | still updating |
| DHI | three days earlier | +1.29% | final price |
| DHI | five days earlier | -6.68% | final price |
| Ishares Tr (IEF) | that day | -0.83% | final price |
| Ishares Tr (IEF) | the next day | -1.00% | still updating |
| Ishares Tr (IEF) | three days earlier | +0.21% | final price |
| Ishares Tr (IEF) | five days earlier | -0.68% | final price |
| Jpmorgan Chase (JPM) | that day | +0.04% | final price |
| Jpmorgan Chase (JPM) | the next day | +0.20% | still updating |
| Jpmorgan Chase (JPM) | three days earlier | -1.31% | final price |
| Jpmorgan Chase (JPM) | five days earlier | -1.14% | final price |
| SCHW | that day | +0.33% | final price |
| SCHW | the next day | -0.35% | still updating |
| SCHW | three days earlier | -0.15% | final price |
| SCHW | five days earlier | -3.73% | final price |
| Ishares Tr (TIP) | that day | -0.69% | final price |
| Ishares Tr (TIP) | the next day | -0.73% | still updating |
| Ishares Tr (TIP) | three days earlier | +0.20% | final price |
| Ishares Tr (TIP) | five days earlier | +0.06% | final price |
| Ishares Tr (TLT) | that day | -1.31% | final price |
| Ishares Tr (TLT) | the next day | -1.61% | still updating |
| Ishares Tr (TLT) | three days earlier | -0.05% | final price |
| Ishares Tr (TLT) | five days earlier | -1.07% | final price |
| Walmart (WMT) | that day | -0.09% | final price |
| Walmart (WMT) | the next day | -1.00% | still updating |
| Walmart (WMT) | three days earlier | +1.67% | final price |
| Walmart (WMT) | five days earlier | -0.64% | final price |
Trades by members of Congress and officials in the stocks in this story
- Sen. John Boozman bought Ishares Tr (IEF) (jointly held), worth $1,001 - $15,000 on 9 Sep 2026. That is 62 days before publication. Filed 21 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Jpmorgan Chase (JPM) (held by a dependent child), worth $1,001 - $15,000 on 15 Oct 2026. That is 26 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna bought Jpmorgan Chase (JPM) (held by a spouse), worth $100,001 - $250,000 on 8 Oct 2026. That is 33 days before publication. Filed 5 Nov 2026. View the filing.
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM) (held by a spouse), worth $15,001 - $50,000 on 4 Sep 2026. That is 67 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Bank Of America (BAC) (held by a spouse), worth $1,001 - $15,000 on 20 Oct 2026. That is 21 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Bank Of America (BAC) (held by a dependent child), worth $1,001 - $15,000 on 13 Oct 2026. That is 28 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Bank Of America (BAC) (held by a spouse), worth $1,001 - $15,000 on 9 Sep 2026. That is 62 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Horton D R (DHI), worth $15,001 - $50,000 on 17 Aug 2026. That is 85 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Walmart (WMT) (held by a dependent child), worth $15,001 - $50,000 on 13 Oct 2026. That is 28 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Walmart (WMT) (held by a spouse), worth $1,001 - $15,000 on 7 Oct 2026. That is 34 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Pete Sessions sold Walmart (WMT) (held by a spouse), worth $50,001 - $100,000 on 2 Oct 2026. That is 39 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Procter & Gamble (PG), worth $1,001 - $15,000 on 23 Oct 2026. That is 18 days before publication. Filed 5 Nov 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Procter & Gamble (PG)
Companies tied to this story
- PG Procter & Gamble
For “Inflation remained elevated in October, CPI report shows, upping odds of Fed interest rate hike,” Procter & Gamble (PG) is linked, with no stored direction, medium confidence. Reason on file: The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story
- TLT Ishares Tr
Ishares Tr (TLT) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Inflation remained elevated in October, CPI report shows, upping odds of Fed interest rate hike.” Reason on file: iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story
- IEF Ishares Tr
In “Inflation remained elevated in October, CPI report shows, upping odds of Fed interest rate hike,” Ishares Tr (IEF) is linked, with no stored direction, medium confidence. Reason on file: iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story
- TIP Ishares Tr
In “Inflation remained elevated in October, CPI report shows, upping odds of Fed interest rate hike,” Ishares Tr (TIP) is linked, with no stored direction, medium confidence. Reason on file: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story
- JPM Jpmorgan Chase
For “Inflation remained elevated in October, CPI report shows, upping odds of Fed interest rate hike,” Jpmorgan Chase (JPM) is linked, with no stored direction, medium confidence. Reason on file: JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story
- BAC Bank Of America
In “Inflation remained elevated in October, CPI report shows, upping odds of Fed interest rate hike,” Bank Of America (BAC) is linked, with no stored direction, medium confidence. Reason on file: Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story
- WMT Walmart
In “Inflation remained elevated in October, CPI report shows, upping odds of Fed interest rate hike,” Walmart (WMT) is linked, with no stored direction, medium confidence. Reason on file: Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story
- COST Costco Wholesale
For “Inflation remained elevated in October, CPI report shows, upping odds of Fed interest rate hike,” Costco Wholesale (COST) is linked, with no stored direction, medium confidence. Reason on file: Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story
Procter & Gamble (PG)
“Inflation remained elevated in October, CPI report shows, upping odds of Fed interest rate hike” (10 Nov 2026) reaches Procter & Gamble (PG) through this story.
The link for Procter & Gamble (PG) is this: The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story
A second company, Ishares Tr (TLT), is listed for a different reason: iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story
Dates and price levels for Procter & Gamble (PG)
IEF traded between 88.64 and 90.69 across 16 sessions. The latest close on file is 90.08. PG traded between 154.28 and 170.50 across 20 sessions. The latest close on file is 168.62. TLT traded between 76.44 and 80.56 across 16 sessions. The latest close on file is 79.46.
What the saved facts support for Procter & Gamble (PG)
46 out of 100Price not final
“Inflation remained elevated in October, CPI report shows, upping odds of Fed interest rate hike” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.