Definition
CPI (Consumer Price Index) with food and energy taken out, to show the steadier trend in prices.
The story
On Oct 14, 2026, core prices rose 0.3% for the month when economists expected 0.2% (Reuters poll). A tenth of a point sounds tiny. That day, the Nasdaq closed down 1.9%, the S&P 500 down 1.1%, and spot gold fell 1.7% in the morning.
Why markets watch it
The Fed looks past swings in gas and groceries, so markets often react more to core than to the headline.
IN HISTORICAL DATA
Latest Inflation (CPI): Wed, Oct 14, 2026 · Hotter
- Actual vs forecast
- Core +0.3% m/m vs +0.2%
- S&P 500
- -1.1%
- Nasdaq
- -1.9%
- Gold
- Spot -1.7% to $4086.06
History, not a prediction. Every row lists its sources.
All Inflation (CPI) →See it in the story
Connects to
CPIConsensus forecastThe Federal ReserveS&P 500Nasdaq CompositeSpot gold
We explain why it moves markets. What you do with it is your call. Commentary and education only. Not financial advice. All terms