The BLS reported on October 14, 2026 that September consumer prices rose 0.6% on the month and 3.7% year over year, the highest since May, with core up 0.3% and gas up 9.1%. The discussion has moved from the print to its drivers: UBS's Alan Detmeister attributes more than half to gas and diesel, Goldman Sachs puts nearly half a point of annual inflation on the AI build-out, and supercore services run at a 4.6% annualized rate over three months. Energy is 3.2% of CPI weight but more than 30% of September's increase. Rate expectations whipsawed, with October hike odds rising from 15% to 40% before falling from 27% to 17% after Warsh's Bangkok Q&A, while PPI rose 6.3% year…