Get Ready for more inflation in USA

Inflation rate in August in USA = Higher than forecast

Consumer price index increased by 0.1 percent for August, economists were expecting it to drop.

Inflation right now at 8.3 percent S & P index fell 3 percent

Petrol prices at 3.7 dollars per gallon,which is still high

Petrol prices at 3.7 dollars per gallon,which is still high

Even if inflation comes down, policymakers are of the view that this downward trend will not be sustainable.

As there will be a shortage of fuel if prices comes down.

Policymakers are trying to control inflation in a sustainable manner but confusion is still there

Inflation reduction act is a step in a right direction by Biden

On other side, economic resilience and labor market's strength are helpgul to fight inflation

High inflation is difficult to control for months now

Republicans are looking strong in elections due to inflation, and democrats not so happy