AI Data Insight
The latest data for the US Q2 2026 Core CPI came in at 336.882, remaining nearly flat compared to the previous value of 336.846. The annual growth rate also slipped to approximately 2.6%, significantly lower than market expectations. With broad declines in sub-categories such as housing rents, airfares, and auto insurance, the cooling inflation trend provides strong support for the Federal Reserve to pivot towards a dovish stance. The market has substantially increased its pricing for a September rate cut, driving a rapid decline in US Treasury yields.