The David Lin Report · Thursday, September 10, 2026
The market is anticipating higher Consumer Price Index (CPI) and Producer Price Index (PPI) figures for September, with CPI forecasted to rise 0.4% month-to-month. Gary Wagner suggests a high probability that the Federal Reserve will raise interest rates next week to combat inflation, despite the recent surge in oil prices likely not being fully reflected in the upcoming CPI report.
“So the market is expecting, at least on Friday, CPI to be, uh, to be higher. The forecast is 0.4% on a month-to-month basis, whereas the, um, previous month's growth was 0.1%.”
“I believe there is a very high probability, uh, that the Fed will actually raise rates. It's the one tool that the Fed has to try to address inflationary pressures because that slows the economy down and, therefore, it reduces the potential for inflation to spike higher faster.”