Eric Daugherty: U.S. inflation flat at 3.4 percent with strong jobs data

Eric Daugherty: U.S. inflation flat at 3.4 percent with strong jobs data
U.S. inflation steady at 3.4 percent

Eric Daugherty, founder / CEO at The Daugherty Company, highlights that U.S. inflation has remained flat at 3.4 percent, matching the latest economic data.

He also points to a significant jobs report that surpassed expectations, and notes President Donald Trump’s stance urging the Federal Reserve to avoid restricting growth due to strong numbers. Daugherty calls for lower interest rates.

Daugherty recently commented on President Donald Trump’s claims of generating hundreds of billions in new investment for the U.S. economy in a separate report (article). He has also addressed notable market events, including the removal of Nike from the S&P 500 index following a sharp decline (report). These earlier statements reflect Daugherty’s ongoing focus on major drivers of U.S. economic performance.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.