Commodity inflation is hot, but Fed is still focused on core inflation

Commodity inflation is taking off, the unemployment rate is at 4.1% and growth is good, but the Fed still wants to focus on core CPI and PPI. It’s inflation week, and the Federal Reserve has made the upcoming PPI and CPI inflation data a big deal, as these reports will determine whether they raise rates or not at this month’s meeting. So, what is really going on with inflation data? [1]

Sources

1. housingwire.com · Commodity inflation is hot, but Fed is still focused on core inflation Sep 8, 2026

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