Inflation rose again in August. Here’s what I know.


Heat

Inflation deteriorated how the tariffs of President Donald Trump continued to increase consumer prices, according to the data published by the Labor Statistics, the last economic report with federal reserves that considered next week.

Key facts

Consumer prices increased by 2.9% last month from August 2024. and 0.4% between July and August, the Bureau of Statistics of Work on Thursday, matching Wall Street assessment, in accordance with the facts.

Basic prices of consumers, economic measurement, which excludes volatile food and energy markets, increased 3.1% per annum and 0.3% from July to August, screening screenings.

What to watch on

The CPPI CPI data will be the final economic report that will remain optimistic about the interest rate that interest rates from 18. December, with KMAs, with KMEs, on Wednesday that they are at the wholesale price in December, and from the decenegrated price To wholesale prices on Veletrgovina on Wednesday, with the commissions on wholesalers and to wholesale Fevac, within a december, will be from December. agent. The Fed has previously voted to keep interest rates at their current scope in July, although two fed officials voted to reduce the quarter of the point. The Fed Chair of Jerome Powell, which Trump pressed the rates, saying over his final address in Jackson Hole, Vioming: “The unemployment rate and other measures in the labor market allows us to carefully carefully make care.”

Key background

Another inflation reading is followed by the expected from expected from unemployment and historical audits down to earlier rasi reports, which attracted criticism of Republicans. The unemployment rate increased above the forecast to 4.3%, while the United States added only 22,000 jobs Nefarm, significantly below the expectation of 80,000 and 79,000 added in July. Earlier this week, BLS reported employers 911,000 less working months in the amount of 12. March 2025. years, marking the greatest revision of the Agency ever by the Agency. Some of the Trump advisors are allegedly Preparation of the report Detailed data error with the data on the agency’s jobs and the internal clock of the workplace department said an open investigation in the procedures and data on inflation collects BLS on Wednesday.

Further reading

ForbesTrump applauds a rare positive economic report: Wholesale prices unexpectedly fell last monthForbesThe US added nearly a million smaller jobs than it has been reported



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *