67 Consecutive Months Above 2%: Why Bilello Sees More Rate Hikes Ahead
As seen on the 24/7 Wall St. homepage on October 14, 2026.
Bilello is calling for hikes rather than cuts, and that side of the debate is gaining traction as traders price additional tightening into 2027. Long-duration bonds, REITs and other rate-sensitive names are the first to feel it.
67. As in 67 consecutive months with US inflation above the Fed's 2% target. Monetary policy remains far too easy. More rate hikes are coming. https://t.co/kfWOO8A5wr
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Charlie Bilello posted on October 14, 2026, that US inflation has now run above the Federal Reserve's 2% target for 67 consecutive months, and his conclusion is blunt: monetary policy remains far too easy and more rate hikes are coming.
Sixty-seven months is more than five and a half years of unbroken overshoot, and Bilello's argument is that the Fed has not tightened enough to break it.
Bilello's call for hikes puts him on the hawkish side of a debate that, according to the commentary, is gaining traction as traders price additional tightening into 2027, with direct consequences for rate-exposed positioning.
Long-duration bonds, REITs, and other rate-sensitive assets are the first to feel pressure when the market reprices a higher-for-longer path. Investors positioned for cuts face the sharpest reassessment if this side of the debate continues to gain ground.