AI Data Insight
Latest data shows that the US Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) slightly increased to 327.104 in Q3 2026, edging up from the previous reading of 327.075 in Q2 2026, with an annual growth rate of 3.4%. The overall inflation data met market consensus, as a significant drop in energy prices effectively offset the rise in housing costs. With the inflation cooling trend established, the market is betting heavily that the Federal Reserve will leave interest rates unchanged in September, laying the groundwork for the 2027 Social Security cost-of-living adjustment.