U.S. Inflation Accelerates. CPI Gains 0.4% in August

The video discusses the latest economic data, focusing on the Consumer Price Index (CPI) and jobless claims in the United States. The CPI shows a month-on-month increase, indicating inflationary trends, while jobless claims are affected by recent hurricanes, complicating market predictions. The impact of Hurricane Harvey is evident in the rise of gasoline and housing prices, which the Federal Reserve will consider in its future decisions.

What was the month-on-month CPI change in the United States, excluding food and energy?

• 0.4%

• 0.1%

• 0.2%

• 0.3%

What was the initial jobless claims number reported, and how did it compare to the estimate?

• 284,000, which matched the estimate

• 284,000, which was below the estimate of 300,000

• 298,000, which was above the estimate

• 300,000, which matched the estimate

How did the market react to the jobless claims data in terms of the dollar-yen exchange rate?

• The dollar weakened against the yen

• The dollar remained stable against the yen

• The dollar strengthened against the yen

• The yen strengthened against the dollar

What was the primary reason for the spike in gasoline prices at the end of August?

• Supply chain disruptions

• OPEC production cuts

• Hurricane Harvey

• Increased demand

What is the Federal Reserve likely to consider when evaluating the recent rise in housing prices?

• Immediate policy changes

• Permanent market adjustments

• Temporary hurricane distortions

• Sustained long-term growth