QCP Market Colour, 14 September 2026 1/ August CPI delivered 0.4% headline MoM and 0.3% core MoM—above the 0.2% consensus. Annual core eased to 2.4%, but elevated shelter and energy prices confirmed the Fed has real policy work to do this week. $BTC fell to $76.7k on the release before recovering to $77.6k. The contained reaction signals markets have absorbed the hike scenario.
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