Lanternfish · US Inflation Desk

Accounting scenario path for AI data-center power, Bessent Treasury Twist, and oil/energy. Core path includes second-round energy into food & services (groceries and broader core goods beyond the pump). Anchored to BLS July 2026 CPI (headline 3.4% / core 2.5% / energy +14.7% / gasoline +24.6% / food +3.0%). Not an official forecast.
as-of —
ai-inflation.tanishqnalloju.com
Print headline
3.4%
12m headline
—
12Q headline
—
Core (print)
2.5%

CPI YoY path (12 quarters)

Channel decomposition (12-month Δ pp)

Markets & rates

As-of Sep 2026 soft anchors — labeled ASSUMPTION where not official prints. Secondary controls feed the model lightly.