Expert: U.S. Economy Shows Resilience Amid Rising Energy Costs

Edward Jones Investment Strategy Senior Economist James McCann commented on the U.S. CPI report, stating that American residents continue to face the impact of soaring energy costs, adding to the inflationary pressures that have persisted since the pandemic. According to Jin10, the Strait of Hormuz remains effectively closed, suggesting that the peak of this price pressure may not yet have been reached, with risks increasing. The good news is that the economy has shown resilience to this price shock so far. Many consumers have benefited from tax refunds this year, the job market has improved from its near-stagnation in 2025, and corporate profit growth has been quite strong. These buffers are limited, but they are expected to help the economy withstand the shock to some extent.