Recovery in inflation and weak employment coexist, the Federal Reserve faces a dilemma

According to ChainCatcher, according to Kingshin, the U.S. Department of Commerce released data on Tuesday, retail sales in August increased by 0.6% month-on-month in July. Among them, the sales of clothing and accessories increased by 1% month-on-month, and the sales of sports goods, bookstores and musical instrument retailers increased by 0.8% month-on-month. In August, U.S. inflation rebounded to its highest since the beginning of this year, and prices of daily necessities such as food and housing rose. Meanwhile, the labor market continues to show signs of weakness, and these two opposite economic signals have left Fed officials in a dilemma as they consider a rate cut this week.