Robin Brooks says the latest CPI increase was driven mainly by September-October oil spikes, which also lifted core CPI, and warned a 50 bp rate hike would be a

Robin Brooks says the latest CPI increase was driven mainly by September-October oil spikes, which also lifted core CPI, and warned a 50 bp rate hike would be a significant mistake. He points to a similar early-2026 pattern and easing oil logistics pressure.