I asked to do something that was scary and challenging and made me earn it and made me feel alive and not comfortable,” he commented to Page Six. Last month, Williams admitted he was initially “terrified” of “Take Me Out’s” nude scenes. I guess now is a good time to start back up,” one fan commented, while another wrote, “Currently securing tix to see Jesse Williams on Broadway. “I haven’t been to a Broadway show in years. However, the leaked video has caused the Williams to trend on Twitter and also sparked an interest in ticket sales. Neither the actor nor the show organizers commented on the footage. Williams has landed a Tony Award nomination for his performance.ĭespite audience members being required to keep devices in sealed cases throughout the duration of the play staged at the Hayes Theater, a video of a completely nude Williams has started circulating on the Internet. The “Grey’s Anatomy” actor stars as Darren Lemming in the revival of the show, which follows a gay baseball player coming out to his teammates and the press. Household services, including moving, home repairs and cleaning, also fell slightly, though the cost of home furnishing rose for the first time in two months, by 0.3%.Footage of Jesse Williams appearing nude during a scene for the Broadway play “Take Me Out” has leaked online. In good news for homeowners and builders, the costs of major appliances have mostly continued to trend downward, falling 0.2% in August. On the one hand, that is less of a concern when looking at the long term, even though it is certainly causing short-term pain for the average consumer.Įnergy costs overall, which include everything from home fuel oil to firewood, were up 5.6% from the previous month. The increase in headline inflation was largely driven by gas prices, which shot up 10.6% in August. “Overdoing the rate hikes, considering that inflation is likely to calm, will unnecessarily damage the economy,” he added. In a statement responding to the latest CPI numbers, Yun added his voice to the chorus of economists urging a more positive view, saying that while inflation is still a ways off from the Fed’s 2% target, “the trend line indicates falling inflation, especially if considering the impending sharp deceleration in overall shelter cost.” During RISMedia’s CEO & Leadership Exchange last week, National Association of REALTORS® Chief Economist Lawrence Yun noted that he expects rates to begin dropping in the spring. Shelter costs contributed over 70% to the total core inflation increase over the last 12 months, meaning once those lagging rent decreases show up, inflation should fall significantly.Įconomists have struggled to predict the path of mortgage rates, which have remained somewhat untethered from fundamentals.
“Falling rents will also boost rental demand, however, as prospective homebuyers-particularly first-time homebuyers-are priced out of homeownership by 7% or higher mortgage rates and find more affordable options in the rental market.” “Lower rents appear to be a good sign that inflation will ultimately continue to move lower,” she explained. Lisa Sturtevant said in a statement that the trajectory of rents should be taken into account when parsing these inflation numbers, while noting that lower rents might have other effects on the housing market. Investors appeared unfazed by the report, with all three major stock indexes up in early trading Wednesday.īright MLS Chief Economist Dr. But it is unclear whether this will be enough for the Fed to hold rates steady at its next meeting, or for the rest of the year. So basically the data are now saying that the war on inflation has been pretty much won-without a recession.”įed Chair Jerome Powell has long acknowledged that shelter costs-mostly driven by rents-are moderating, even as the lagging nature of this measure means inflation appears higher than it actually is. “(B)ear in mind that core (inflation) is still being distorted by lags in the measured price of shelter. “Excluding volatile components, we’ve seen remarkable disinflation,” he wrote. More concerning was core inflation, which excludes more volatile food and energy prices, which tracked at 4.3%, up 0.3%-slightly higher than expected, and a potential sign that inflationary pressures have not fully receded.įamed Economist Paul Krugman wrote on Twitter (now known as X) that the last two months should not distract from the longer-term trends, which remain encouraging-particularly metrics around housing. Overall CPI inflation came in at 3.7% year-over-year, a 0.6% increase from the previous month.
For the second month in a row, inflation is up, as the last Consumer Price Index (CPI) report before the Federal Reserve’s September meeting could drive further rate increases-though exactly when those might happen is extremely uncertain.
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