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That Excludes Dinner

Oct 14, 2026 · 0:31

Dirk Hanlon: inflation hit 3.7%; core inflation, 2.6%. Gus: core! The real one's lower, fill up the car! Dot: Father, core excludes food and energy, and gasoline is energy; core was 2.6% against a 2.5% forecast. Gus: fine, I'll only buy the core stuff. Dot: that excludes dinner.

Core inflation, which leaves out food and energy, was 2.6% in September against a 2.5% forecast, well below the 3.7% headline; the calmer number is calm precisely because it excludes the groceries and gasoline that rose most.

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Walter Bloomberg post: U.S. INFLATION SURGES TO 3.7%, BEATING EXPECTATIONS. Core CPI climbed 0.3% vs. 0.2% expected, with annual core inflation reaching 2.6% vs. 2.5% forecast.

X · Oct 14, 2026

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