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Increase, so could todays figure be big news after all and crucially could it be enough to persuade the Federal Reserve to leave Interest Rates unchanged next month . Lets spring in our north America Business correspondence, michelle fleury. Michelle, thank you for being with us. First, talk us through the reasons behind his uptick in inflation, having come down in a nice steady pattern, why has it gone up . Nice steady pattern, why has it gone u. . ,. ,. , ~, nice steady pattern, why has it gone up . Yes, if you look at prices specifically. Up . Yes, if you look at prices specifically, there up . Yes, if you look at prices specifically, there are up . Yes, if you look at prices specifically, there are things | up . Yes, if you look at prices. Specifically, there are things like housing, airfares that have gone up, in ....
Of data everyone was waiting to see. one of the other pieces of this was the jobs market, one of the other pieces of this was thejobs market, and recent figures their show there is kind of a slow softening in the number ofjob still being created in america. still enough to have healthyjobs growth, but not enough that it is putting pressure on the jobs market, where employees employers are finding it hard to find staff. then you look at these figures which show prices are still increasing, but not as fast a rate, and that wage pressure seems to be dissipating, so if you look at the reaction from wall street, where stocks kind of rows after this report came out, i think there is then an expectation that there is then an expectation that the fed may then feel it has done enough. remember, it has increased rates at a very rapid clip, so increase inventory range of 5.5%, so very aggressively, so it may be able to stay packed for a while, but of course all eyes turned that meeting in sept ....