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Market Wraps
US CPI
Latest news and analysis on US CPI
Macro
August 13, 2026 09:27
Another benign US CPI report, but risks persist
Inflation was fairly contained in July and in line with expectations, with headline CPI easing to 3.4% year-over-year. Core inflation also slowed further, to 2.5%,...
Seema Shah
Principal Asset Management
August 13, 2026 09:27
Macro
July 15, 2026 10:58
US CPI data provides a welcome, but temporary, sigh of relief
A decline in energy prices and the ongoing unwind of tariff-related price impacts drove a slowdown in prices in June. Headline inflation declined by 0.4% in the month,...
Seema Shah
Principal Asset Management
July 15, 2026 10:58
Macro
June 11, 2026 08:41
US inflation rises amid energy and Middle Easy pressures
Today’s inflation report reflects ongoing price pressures tied to the Middle East conflict, though the impact remains relatively contained. Headline inflation,...
Seema Shah
Principal Asset Management
June 11, 2026 08:41
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Macro
April 13, 2026 09:02
Energy prices lift US CPI
The March CPI report marked a meaningful reacceleration in headline inflation, on both a monthly and annual basis, driven largely by the surge in energy prices tied to...
Seema Shah
Principal Asset Management
April 13, 2026 09:02
Macro
March 12, 2026 09:04
US CPI data shows the calm before the storm
Consumer price inflation in February came in as expected, with the annual headline rate remaining steady at 2.4%. Core inflation, which excludes food and energy, rose...
Seema Shah
Principal Asset Management
March 12, 2026 09:04
Macro
February 16, 2026 07:47
US CPI data is unusually cooler than normal
Consumer prices in January came in softer than expected, with the annual headline rate easing to 2.4%, from 2.7% previously. Core inflation, which excludes food and...
Seema Shah
Principal Asset Management
February 16, 2026 07:47
Macro
January 14, 2026 08:44
US CPI data unlikely to alter the Fed's course
The December CPI was compiled after the shutdown using standard data collection methods, so the shutdown's impact is far smaller than in October, when no data were...
Seema Shah
Principal Asset Management
January 14, 2026 08:44
Macro
December 19, 2025 09:23
Cooling inflation gives the Fed doves the upper hand with latest US CPI data
As the BLS was unable to gather October survey data due to the government shutdown and could not retroactively collect it, this month’s release reflects a change from...
Seema Shah
Principal Asset Management
December 19, 2025 09:23
Macro
July 16, 2025 09:35
June CPI data shows tariff impacts materialising
The June CPI report came in as expected, bringing the annual headline increase to 2.7%, a tick-up from last month’s 2.4% reading. Meanwhile, core inflation rose 2.9%,...
Seema Shah
Principal Asset Management
July 16, 2025 09:35
Macro
June 12, 2025 09:52
US CPI still has us bracing for impact
The May CPI report was weaker than expected, bringing the annual headline increase to 2.4%, a mild tick-up from last month’s 2.3% reading. Core inflation was equally...
Seema Shah
Principal Asset Management
June 12, 2025 09:52
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