Retail Sales - Retail sales for August increased by 0.6%, significantly exceeding expectations of a 0.2% rise, marking the highest increase since June when it was up nearly 1% [1] - Excluding autos, retail sales rose by 0.7%, the best performance since June when it was up 0.8% [1] - Core retail sales, known as control group sales, also increased by 0.7%, indicating strong consumer spending [1] Import Prices - Import prices for August unexpectedly rose by 0.3%, contrary to expectations of a 0.2% decline, following a previous increase of 0.4% [3] - Year-over-year import prices remained unchanged at 0%, aligning closely with expectations [3] - Excluding petroleum, import prices increased by 0.2% [3] Export Prices - Month-over-month export prices rose by 0.3%, the highest increase since June when it was up 0.5% [4] - Year-over-year export prices saw a significant increase of 3.4%, the largest increase of the year, with the last comparable figure being at the end of 2022 [4]

Yesterday's headlines, just modestly higher inflation from tariffs. Steve's going to dig deeper into it, but I just want to have a conversation with you before you you wrote something out. We've been crunching some numbers.You can do that in a sec. Can I read something to you. >> You got something. What do you got.>> So, this is what we were trying to say yesterday that and I think this is good. And then I want to ask you what it would really take for the Fed. The lack of a more alarming acceleration in pri ...