Economy
Prices acceleratedExplain the gasoline increase before the Fed meets
Gas prices rose. That wasn't in the victory announcement.
- Executive owner
- President / Federal Reserve Relationship Management
- Status
- Prices accelerated
- Due
- Before next week’s Fed meeting
- Paying for it
- Consumers and borrowers
ACTIVITY
UpdatedConsumer prices rose 0.4% in August, partly because of gasoline.
Gas UP, Trump! Gas DOWN, complicated Global Market..... simple Economy for Blame, very sophisticated one for Credit! Fellow on TV, Charts, Arrows everywhere, put up my Picture, say GOOD JOB (three Seconds!). More time for Commercials, sometimes the best part anyway.
Annual inflation remained above target at 3.4%.
Markets started pricing in a rate hike.
Fed can do some Cutting, I did enough for EVERYBODY.
The President still wants a cut.
CUT THE RATE!
PUBLIC RECORD
Consumer prices rose 0.4% in August and 3.4% from a year earlier, with gasoline contributing to the monthly increase. The report strengthened expectations that the Federal Reserve could raise interest rates.