Consumer prices rose 0.2% in August as annual inflation rate hits lowest since early 2021

[progree]

9. A 0.5% rate cut is off the table, thanks to "sticky" core inflation at 3.2% year-over-year

https://www.msn.com/en-us/money/news/50-bps-rate-cut-by-the-fed-is-now-off-the-table-with-the-latest-inflation-report-vp-bank/vi-AA1qqo3w
right at the beginning first few seconds of the video

Or so "they" say

I've seen a number of stories like this. Your YOY graph's core inflation ("less food and energy" ) doesn't look that "sticky". Edit: well YOY does have a slight upturn in the last month, from 3.21% to 3.27% using seasonally adjusted 6-digit index numbers for the calculation and from 3.17% to 3.20% using NOT seasonally adjusted 6-digit index numbers)



My 3 month rolling average and especially my month-to-month does have an upturn -- a severe one in the month-over-month version, albeit from an almost zero level in June:



Producer Price Index 8:30 AM ET today, 6 1/2 hours from now