On Friday it was published in the news that our import prices are decreasing due to the decline of petroleum and food prices. The prices were down in August of 2019 and they predicted them to rise again but instead they decreased again. This could also suggest that the inflation will stay at a moderate level and also could allow the Fed to cut down interest rates. Cutting down the interest rates would alleviate some of the stress of the china trade relations. in July the fed cut rates for the first time since 2008, and they are anticipating another interest rate cut in a couple of days. These import prices are very surprising but the most surprising part is how constant these numbers have proven to be over the past couple of months.
https://www.cnbc.com/2019/09/13/us-import-prices-fall-as-petroleum-food-costs-decline.html
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