# US Dollar: Fed rhetoric and CPI expectations guide yields – Rabobank

> Rabobank says recent comments from Fed officials reflect a more hawkish tone, citing persistent core inflation, particularly in services, and leaving room for further rate hikes. Markets are awaiting October CPI; surveyed analysts expect monthly inflation to cool to 0.3% from 0.6%.

- Date: 2026-11-10 · published 2026-11-10T09:11:56.777Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/91515-us-dollar-fed-rhetoric-and-cpi-expectations-guide-yields-rabobank
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Hawkish Fed expectations can support the dollar, potentially making dollar-priced commodities more expensive for foreign buyers. The CPI outcome remains uncertain, so the price implication is limited.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-10-31 | [Dollar gains on Fed rate hike expectations](https://feedsoft.ai/events/39325-dollar-gains-on-fed-rate-hike-expectations.md) | -0.1% | -2.8% |
| DXY | 2026-08-31 | [Australian Dollar holds firm amid hawkish Fed and RBA expectations](https://feedsoft.ai/events/18149-australian-dollar-holds-firm-amid-hawkish-fed-and-rba-expectations.md) | -0.6% | +1.6% |
| DXY | 2026-02-24 | [US Dollar Firms as Fed Minutes Temper Rate-Cut Expectations \| Investing.com](https://feedsoft.ai/events/20509-us-dollar-firms-as-fed-minutes-temper-rate-cut-expectations-investing-com.md) | +0.6% | +1.7% |
| DXY | 2019-11-27 | [AUD/USD: Dollar Rallies As US GDP Beats Expectations - Currency Live](https://feedsoft.ai/events/56326-aud-usd-dollar-rallies-as-us-gdp-beats-expectations-currency-live.md) | -0.3% | -1.6% |
| DXY | 2024-11-12 | [US dollar and bitcoin advance spurred by Trump tariff expectations](https://feedsoft.ai/events/6698-us-dollar-and-bitcoin-advance-spurred-by-trump-tariff-expectations.md) | +0.8% | +1.1% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/us-dollar-fed-rhetoric-and-cpi-expectations-guide-yields-rabobank-202611100838

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