How to Read the CPI Report: A Beginner’s Guide
A step-by-step walkthrough of the monthly BLS CPI release: headline vs core, MoM vs YoY, SA vs NSA, category weights, and how to avoid common misreadings.
A step-by-step walkthrough of the monthly BLS CPI release: headline vs core, MoM vs YoY, SA vs NSA, category weights, and how to avoid common misreadings.
August CPI headline hit 0.4% MoM (3.4% YoY) on a 3.9% gasoline surge, but core cooled to 2.4% YoY. Bond market barely moved; futures rallied.
July 2026 CPI came in at 3.4% headline and 2.5% core, matching forecasts. Stocks nudged higher, yields dipped, and the September FOMC cut looks live.