Tariffs
- Thread starter delldude
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Dog Wonder
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Your computer has taken over your mind. Smash it before it’s too late.
WeAAsles
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KEY POINTS
The consumer price index rose 2.9% on an annual basis in August 2025, the fastest pace of inflation since January.
Tariffs levied by President Donald Trump seem to be putting upward pressure on inflation for goods like clothing and furniture, economists said.
The Federal Reserve is expected to cut interest rates next week to help support a faltering job market. That risks keeping inflation elevated.
The consumer price index rose 2.9% on an annual basis in August 2025, the fastest pace of inflation since January.
Tariffs levied by President Donald Trump seem to be putting upward pressure on inflation for goods like clothing and furniture, economists said.
The Federal Reserve is expected to cut interest rates next week to help support a faltering job market. That risks keeping inflation elevated.
WeAAsles
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The CPI reading showed an increase of 0.4% for the month, according to the Bureau of Labor Statistics, higher than the 0.3% that economists polled by Dow Jones were expecting. However, the index recorded 2.9% on a 12-month basis, as expected.
Additionally, so-called core CPI, which excludes volatile food and energy, increased 0.3% in August and 3.1% from a year ago. Both were in line with the Dow Jones forecasts.
Additionally, so-called core CPI, which excludes volatile food and energy, increased 0.3% in August and 3.1% from a year ago. Both were in line with the Dow Jones forecasts.
WeAAsles
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One of the better interviews I’ve seen with Lutnick. He tamps down somewhat on the overkill of President Trump praising and discusses some meat and potatoes issues of who exactly is going to build all these American factories.
Of course first he talks about 9/11 and his very personal experience and Charlie Kirk as a friend.
Of course first he talks about 9/11 and his very personal experience and Charlie Kirk as a friend.
