U.S. consumer inflation muted; labor market tightening

WASHINGTON - U.S. consumer prices were unchanged in September and underlying inflation retreated, supporting expectations the Federal Reserve will cut interest rates in October for the third time this year amid risks to the economy from trade tensions.

The trade war has undermined business investment and helped to drive manufacturing into recession. Growth is also being restricted by the fading stimulus from last year’s $1.5 trillion tax cut package. Excluding the volatile food and energy components, the CPI climbed 0.1% after gaining 0.3% for three straight months.

The central bank tracks the core personal consumption expenditures price index for its 2.0% inflation target. The core PCE price index rose 1.8% on a year-on-year basis in August and has fallen short of its target this year.

I beg to differ.... There are Tons of cruddy jobs to be filled in the US.... As they are filled, Trump will bestow upon himself Ample credit for “great jobs” being created, making “really bad people work for their unjust rewards....

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Decreasing U.S. job openings point to cooling labor marketU.S. job openings fell to a 1-1/2-year low in August and hiring declined, sugges... I’m confused. The argument forever was we NEEDED the illegal immigrants or we would have multiple unfilled positions. Now that the border isn’t being barraged it is now the opposite? Whatever reports hurt Trump the most. We get it. ;) I know the biased MSM would LIKE our economy to slowdown so they can blame realDonaldTrump, but stop trying to make it happen. Choose country over politics. TDS And or full employment. Not going to put out a hiring ad if I think everyone is taken
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »

Three before you leave — What to watch for in the market Thursday including trade talks, inflationAll eyes will be on the high-stakes U.S.-China trade talks, but expectations are low on Wall Street. I'll sum it up: Trade talks will end in failure. So far any talk are stupid for Chinese!
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »