U.S. stocks tumbled as Biden shouted to appease the market Pompeoti warned | U.S. Department of Labor | Consumer Price Index

Beijing time:2022-09-14 12:56

【New Tang Dynasty News, Beijing time, September 14, 2022】U.S. Department of LaborPublished on the 13th, Augustconsumer price indexUp 8.3% from a year earlier, the pace of price increases has slowed but is still above market expectations and close to a 40-year high.US stocksThe four major indexes collectively collapsed on the day, the president of the United StatesBidenresponded.

America president Biden: “The stock market doesn’t necessarily reflect the state of the economy, as you all know, the economy is still healthy, and unemployment is low, jobs are rising, and manufacturing is doing well. So I think we’ll be fine. (So are you worried about inflation?) I’m not worried.”

Bloomberg reported on the 14th that the higher-than-expected inflation index triggeredUS stocksThe four major indexes collapsed collectively, and the wealth of the rich in the United States evaporated $93 billion overnight, setting a record for the ninth largest single-day loss in history. Amazon founder Jeff Bezos lost $9.8 billion in net worth, the worst.former US secretary of statePompeoIn a tweet, he pointed out that Biden’s economic record is a disaster for working Americans, and that people who are shopping for food and paying rent have long felt worrying inflation data.

(Comprehensive report by Wang Guanlin and Zhang Ruizhen of NTDTV Asia Pacific TV/Editor in charge: Xia Mingyi)

URL of this article: https://www.ntdtv.com/gb/2022/09/14/a103527724.html

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