# Inflation is turning on the 2026 rally - this week's CPI and PPI decide how fast the Fed tightens

> The article says stronger-than-expected October jobs data has increased market expectations of a Federal Reserve rate hike in December, with futures pricing an approximately 80% chance of a quarter-point increase. Investors are watching this week’s CPI and PPI releases amid persistent core and producer-price inflation, while the article also points to shrinking Federal Reserve assets as a headwind for market liquidity.

- Date: 2026-11-08 · published 2026-11-08T15:08:23.835Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/87644-inflation-is-turning-on-the-2026-rally-this-week-s-cpi-and-ppi-decide-how-fast
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations of higher U.S. interest rates can support the dollar and increase financial pressure on commodity markets, but the story gives no new feed-commodity supply or demand information.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-04-30 | [Euro-Dollar Exchange Rates To Face German Inflation, FED And US Jobs This Week \| Exchange Rates UK](https://feedsoft.ai/events/65728-euro-dollar-exchange-rates-to-face-german-inflation-fed-and-us-jobs-this-week.md) | +1.0% | +2.2% |
| DXY | 2021-04-11 | [Week Ahead: Fed’s Inflation Calm Is About To Get Tested \| Investing.com](https://feedsoft.ai/events/47862-week-ahead-fed-s-inflation-calm-is-about-to-get-tested-investing-com.md) | -0.6% | -1.9% |
| DXY | 2017-09-27 | [How the Fed is clipping the loonie’s wings - The Globe and Mail](https://feedsoft.ai/events/69196-how-the-fed-is-clipping-the-loonie-s-wings-the-globe-and-mail.md) | +0.5% | +1.5% |
| DXY | 2025-05-08 | [How the Fed’s Hold on Rates Is Affecting Stock, Bond, and Commodity Markets \| Investing.com](https://feedsoft.ai/events/24579-how-the-fed-s-hold-on-rates-is-affecting-stock-bond-and-commodity-markets.md) | +0.5% | -0.9% |
| DXY | 2026-03-18 | [Trading Day: Hello inflation, goodbye 2026 Fed cut \| Reuters](https://feedsoft.ai/events/20069-trading-day-hello-inflation-goodbye-2026-fed-cut-reuters.md) | +0.2% | -1.2% |

## Sources

- ainvest.com: https://www.ainvest.com/news/inflation-turning-2026-rally-week-cpi-ppi-decide-fast-fed-tightens-2611/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.