AI Data Insight
Entering Q3 2026, the US core CPI for August climbed to 338.041, moving further up from July's 337.133, translating to a month-over-month increase of 0.3% that beat market expectations. A strong rebound in supercore service prices indicates that inflation is highly sticky. This data has pushed the market's betting odds of a September rate hike by the Federal Reserve to nearly 90%, casting uncertainty over subsequent asset pricing.