The Vision of Elara and Interchained
Don’t just use elara take time to understand the powerful vision behind it, and the innovation of interchained. From now on, I’ll be sharing more about what these projects truly stand for, the mission they carry, and the future they are building.
🔹 Elara Wallet
Elara is not just a wallet; it’s a secure gateway into the decentralized world. Designed for seamless cross-chain interactions, it empowers users with simplicity, privacy, and control. With its token now live, Elara represents more than value it’s a symbol of accessibility, giving everyone a safe home in the blockchain space.
🔹 Interchained (ITC)
Interchained is a Bitcoin fork with superpowers. It introduces the Interchained Token Subsystem Layer (ITSL), where tokens are no longer just contracts they are protocol. Minting, burning, and transferring happen natively on-chain, secured by Yespower PoW and governed transparently. This is not an experiment; it’s a foundation for the future.
Together, Elara and Interchained are building beyond tools they are building infrastructure for trust, culture, and innovation.
This is more than just tech.
It’s about giving people control, bridging communities, and creating systems that last.
What we build today with Elara and Interchained is not for one cycle it’s for generations.
U.S. Inflation & Labor Market: August/early September 2025 Data
Key Facts
1. CPI Data (August 2025)
The overall Consumer Price Index (CPI-U) rose by 0.4% month-over-month (seasonally adjusted) in August, after a 0.2% rise in July.
Over the past 12 months (through August), headline inflation stood at 2.9%, up from 2.7% in July.
Core inflation (excluding food and energy) rose by approximately 3.1% year-over-year, roughly the same as in July.
Significant price pressures came from shelter, food (both at home and away), energy (especially gasoline), used cars, apparel, and airline fares.
2. Initial Jobless Claims (week ended September 6, 2025)
Claims rose to 263,000, an increase of 27,000 from the week before. This is the highest level of initial jobless claims since October 23, 2021.
Economists had expected a lower number (≈ 235,000).
The 4-week moving average also ticked up, underscoring a trend rather than a one-off spike.
Interpretation & Implications
The data paints a mixed picture: inflation remains persistent, particularly in core measures, even as labor market softness is beginning to emerge with more people filing for unemployment benefits. Several implications flow from this:
1. Monetary Policy Outlook
The Federal Reserve is likely under pressure from two opposing sides: on one hand, inflation remains above target (the Fed’s long-run target is often ~2%), especially in core goods and services. On the other hand, signs of labor market weakening increase the risk that tighter monetary policy (i.e. keeping rates elevated) may exacerbate job losses or slow growth too much.
Given the elevated jobless claims and soft nonfarm payroll adds in prior months, markets are increasingly expecting the Fed may proceed with a modest rate cut, possibly at its next meeting. However, the timing and size of such cuts will depend heavily on subsequent labor‐market reports and inflation trajectory.
2. Risk of Stagflation or Growth-Inflation Imbalance
There is concern about a scenario in which inflation remains elevated, while economic growth slows (or the labor market weakens significantly). Though the U.S. is not in outright recession as of these data points, these figures raise warning flags especially if job creation stagnates or employment losses mount.
Core inflation being sticky suggests that certain inflation drivers (such as shelter, wages, tariffs, supply chain constraints) continue to exert influence. If these don’t abate, inflation could persist even if demand softens.
3. Consumer and Business Behavior
For consumers, rising food, shelter, gasoline, and apparel costs squeeze real incomes—especially for lower- and middle-income households whose spending is more heavily weighted in these categories.
Businesses may face a dual challenge: managing higher input costs and facing slower demand if consumers pull back. Firms with less pricing power or narrow margins will be particularly vulnerable.
4. Market Reactions
Financial markets have been reacting to the jobless claims more than inflation surprise, suggesting investors currently believe that labor market weakness is more threatening to the economic outlook than inflation overshooting.
Bond yields may be pressured downward if rate cuts are anticipated; equities might see mixed responses—some sectors could benefit from easing, others harmed by inflation persistence.
What to Watch Going Forward
To assess where the U.S. economy is headed, several variables will be crucial in upcoming weeks and months:
Next employment reports (nonfarm payrolls, unemployment rate, labor force participation) to see whether job growth stays weak or rebounds.
Core inflation trends, especially shelter and wage inflation, which tend to lag and are harder to tame.
Consumer spending data—if tighter budgets lead to pullbacks in consumption, that would feed through to broader economic growth.
Supply side developments including the effect of tariffs, energy prices, and shipping/supply chain costs, which could push inflation upward.
Federal Reserve communication, especially whether the Fed shifts to more dovish rhetoric, signals tightening, or flatlines in light of mixed data.
Assessment
Overall, the recent data suggest that while inflation has not gotten materially worse, it has not improved enough to ease concerns. At the same time, the labor market is beginning to show strain. The balance of risk seems skewed slightly toward downside in growth with upside in inflation if certain pressures persist. In that light, a cautious, data‐driven approach by the Fed seems most probable: perhaps a modest rate cut ahead, but only if labor market softness continues and inflation does not reaccelerate.