AI Data Insight
The US Q2 2026 Shelter CPI reached 359.189, growing steadily from the previous value of 358.388, with a year-over-year increase of 3.34%. Driven by strong spring leasing demand and persistently high Rent of Primary Residence and Owners' Equivalent Rent (OER), housing inflation remains significantly sticky. In the short term, against the backdrop of overall inflation breaking through 4%, the probability of a Fed rate cut is slim.