• Hotter-than-expected inflation pushed odds of a December Fed rate hike above 90%, signaling continued pressure on borrowing costs.
• October consumer prices rose 0.4%, matching nominal hourly wage gains and leaving workers' real hourly earnings unchanged.
• Employers added 165,000 jobs in October, nearly triple expectations; unemployment fell to 4.1% from 4.2%.
• Third-quarter nonfarm productivity rose 3.6% annualized, but workers' share of output fell to 53%, the lowest since records began in 1947.
• The next CPI report arrives December 10, one day after the Fed's December 8-9 meeting, giving October inflation unusual policy significance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blend Financial Inc. published the original content used to generate this news brief on November 10, 2026, and is solely responsible for the information contained therein.