Macro EconomyMedium•14 October 2026•
1 min read
US Core Inflation Exceeds Expectations in September
Key Facts
1September core inflation data showed higher-than-expected price pressures in the United States.
2The data reinforced the view that the Federal Reserve may need further policy tightening to contain inflation.
United States core inflation data for September showed higher-than-expected price pressures. ING reported that the data reinforced the view that the Federal Reserve may need further policy tightening to contain inflation.
Reports indicated that core inflation rose 0.3% month-on-month and 2.6% year-on-year, exceeding consensus forecasts of 0.2% and 2.5% respectively. According to ING, these persistent pressures could lead markets to price in a higher probability of rate hikes in upcoming meetings, despite benign wage growth and housing market weakness.