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Core Inflation Just Accelerated. The Fed Is Listening.
ZACKS· 2026-10-15 00:16
September's Consumer Price Index landed Wednesday morning, and the part that mattered was not the headline. Prices rose 0.6% on the month, matching expectations, and 3.7% from a year ago against a 3.6% forecast — an acceleration from August's 3.4%. With Brent crude above $106 and gasoline running far above year-ago levels in the latest data, a hot headline was the easy call. Core is where the report became uncomfortable. Stripping out food and energy, prices rose 0.3% on the month against a 0.2% consensus a ...