Analyst: Inflation details not enough to sway the Fed's action next week

Odaily 精选Sep 11, 2025
#Macro
"There's nothing new in today's inflation report, at least not enough to guide the Fed's actions next week," said Brian Jacobsen, chief economist at Annex Wealth Management. "Housing inflation remains the main driver of services inflation, but we know the Fed basically ignores that part. The deflation of goods prices has turned into inflation, but it is only a moderate increase, not a wildfire. Retirees will start paying more attention to inflation data because Social Security benefits are linked to price changes in the third quarter. It currently appears that the cost-of-living adjustment for 2026 will be approximately 2.7%. This shows that retirees desperately need to pay attention to the reliability of the U.S. Bureau of Labor Statistics data. If political motives lead to artificially low official readings, it will have a real monetary impact for many people. It also shows that it will be very difficult for the U.S. government to get rid of its debt problems by letting inflation run rampant, because more and more government spending will automatically increase with inflation." (Golden Ten) [Odaily]
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Analyst: Inflation details not enough to sway the Fed's action next week

Odaily 精选Sep 11, 2025
#Macro
"There's nothing new in today's inflation report, at least not enough to guide the Fed's actions next week," said Brian Jacobsen, chief economist at Annex Wealth Management. "Housing inflation remains the main driver of services inflation, but we know the Fed basically ignores that part. The deflation of goods prices has turned into inflation, but it is only a moderate increase, not a wildfire. Retirees will start paying more attention to inflation data because Social Security benefits are linked to price changes in the third quarter. It currently appears that the cost-of-living adjustment for 2026 will be approximately 2.7%. This shows that retirees desperately need to pay attention to the reliability of the U.S. Bureau of Labor Statistics data. If political motives lead to artificially low official readings, it will have a real monetary impact for many people. It also shows that it will be very difficult for the U.S. government to get rid of its debt problems by letting inflation run rampant, because more and more government spending will automatically increase with inflation." (Golden Ten) [Odaily]
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