US consumer inflation eased more than expected in August, hinting that the recent surge in pricing pressure may be cooling. But if this was a sign for commodities prices to ease, the market didn’t get the memo.
Daily Archives: September 15, 2021
US Inflation Trend Still Appears To Be Peaking, But Slowly
US consumer inflation’s one-year trend eased in August, marking a second month of lesser pricing pressure, the Bureau of Labor Statistics reports. But the pace of inflation remains elevated and a new run of analytics suggest that the pullback from the recent surge will be unfold slowly.
Macro Briefing: 15 September 2021
* North and South Korea test ballistic missiles as tensions spike on peninsula
* California Gov. Gavin Newsom wins recall election
* Most Americans would see tax cuts in Dems’ tax code plans, estimate shows
* Consumer inflation expectations rose again in August, NY Fed survey reports
* China retail sales rose much slower than expected in July
* Eurozone industrial output increased by more than forecast in August
* US small business sentiment remained middling in August vs. recent history
* SEC chairman says rules for cryptocurrency are in development
* US Consumer Price Index rose less than expected in August:
