Thomas Simons says September data give inflation a new texture
Jefferies economist Thomas Simons said the latest consumer and producer price reports from September alter how inflation looks, though he gave no specifics in the October 18 interview.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
This story is no longer being updated. It reflects reporting up to .
What happened
Thomas Simons, chief U.S. economist at Jefferies, discussed the September CPI and PPI data after they were released. He said the September figures give the inflation environment a totally different texture. The discussion was held in an interview published on Oct 18.
Why it matters
The reports state that the September data change how the inflation environment looks, but they give no further details on the effects.
Coverage
- Simons: September Data Bring “Totally Different Texture” to Inflation Environment (kathleenhays.substack.com)
- End-of-week reports show price pressures across US economy - National (blackchronicle.com)
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