Debt Desk — Debt Desk — October 15, 2026: Inflation, the Midterms and a Credit Market Still Moving
Good morning. It is Thursday, October fifteenth.
The clearest national story this morning is inflation, and the message from September was uncomfortable.
Consumer prices rose six-tenths of one percent during the month and 3.7 percent from a year earlier. That annual rate was up from 3.4 percent in August. Gasoline rose 9.1 percent in September and accounted for more than half of the monthly increase, but the pressure was not limited to fuel. Shelter, travel and a range of consumer goods also became more expensive.
There were a few pockets of relief. Grocery prices edged lower for the month…
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