*Walter Bloomberg(@DeItaone):US CORE INFLATION UPSIDE DRIVEN BY SUPERCORE The latest inflation details show the upside surprise was driven by supercore services, while core goods were softer than expected. Lodging was a notable upside outlier, while housing came in softer. Medical services and airfares were relatively benign in CPI, although related PPI components had already surprised higher. The composition suggests underlying services inflation remains a key challenge for the Fed.

2026.09.11 12:42

US CORE INFLATION UPSIDE DRIVEN BY SUPERCORE The latest inflation details show the upside surprise was driven by supercore services, while core goods were softer than expected. Lodging was a notable upside outlier, while housing came in softer. Medical services and airfares were relatively benign in CPI, although related PPI components had already surprised higher. The composition suggests underlying services inflation remains a key challenge for the Fed.