Oct 14, 2026 · 15 min · 6 segments
Subscribe to the Winrad Dispatch: https://winradradio.substack.com/ October 14, 2026. Three days ago the President announced an energy ceasefire between Russia and Ukraine. Overnight Russia fired 39…
Walter, I'm going to begin with a number I do not have because today was the day the American price figures were due, and I will not read you one that has not printed.
The Bureau of Labor Statistics was to publish the September Consumer Price Index this morning, and the Social Security Administration was to announce next year's cost of living adjustment alongside it because that adjustment is calculated from the figures in that release.
That one had prices up three and four-tenths percent over the year, with the core measure which strips out food and fuel up two and four-tenths.
Energy was up sixteen and three-tenths over twelve months and gasoline up twenty-seven and four-tenths.
What the forecasters expect read as forecasts and nothing more.
The consensus looks for September to come in higher, around three and seven-tenths percent over the year, with one estimate of a six-tenths rise on the month, which would be the largest in five months.
The pressure is expected to come from fuel, which will surprise nobody who has filled a tank lately.
On the retirement adjustment, the group that tracks it most closely put its final estimate at three and a half percent.
When the real figures land, we will read them and name them as real.
The diesel arrangement with Moscow drew a bipartisan letter today.
Twelve senators, six Democrats and six Republicans, asked the president to drop the deal and to use the sanctions law that bears Senator Graham's name instead.
Their argument is that the arrangement is a gift to Russia that will do little for American consumers.
That is the senator's characterization, and we give it as theirs.
The Treasury has imposed more than one and two-tenths billion dollars in penalties on the Bank of America for anti-money laundering and sanctions violations.
And from Central Command, a figure worth hearing beside the talk about the Strait of Hormuz.
American forces say they helped Gulf partners move more than nineteen million barrels of crude through that strait on Monday alone.
Walter, I'm going to begin with a number I do not have because today was the day the American price figures were due, and I will not read you one that has not printed.
The Bureau of Labor Statistics was to publish the September Consumer Price Index this morning, and the Social Security Administration was to announce next year's cost of living adjustment alongside it because that adjustment is calculated from the figures in that release.
That one had prices up three and four-tenths percent over the year, with the core measure which strips out food and fuel up two and four-tenths.
Energy was up sixteen and three-tenths over twelve months and gasoline up twenty-seven and four-tenths.
What the forecasters expect read as forecasts and nothing more.
The consensus looks for September to come in higher, around three and seven-tenths percent over the year, with one estimate of a six-tenths rise on the month, which would be the largest in five months.
The pressure is expected to come from fuel, which will surprise nobody who has filled a tank lately.
On the retirement adjustment, the group that tracks it most closely put its final estimate at three and a half percent.
When the real figures land, we will read them and name them as real.
The diesel arrangement with Moscow drew a bipartisan letter today.
Twelve senators, six Democrats and six Republicans, asked the president to drop the deal and to use the sanctions law that bears Senator Graham's name instead.
Their argument is that the arrangement is a gift to Russia that will do little for American consumers.
That is the senator's characterization, and we give it as theirs.
The Treasury has imposed more than one and two-tenths billion dollars in penalties on the Bank of America for anti-money laundering and sanctions violations.
And from Central Command, a figure worth hearing beside the talk about the Strait of Hormuz.
American forces say they helped Gulf partners move more than nineteen million barrels of crude through that strait on Monday alone.
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