Inflation in the United States rose in August, and the deterioration of the labor market is prompting the Federal Reserve to consider lowering interest rates.
Delia Niculescu
International
foto:shutterstock
Always see our news on Google
Inflation in the US has exceeded expectations in August, with a 0.4% increase compared to the previous month, contributing to an annual rate of 2.9%. In the context of a deteriorating labor market and tariff uncertainties, the Federal Reserve may cut interest rates at next week's meeting, the first reduction in the past year. Recent revisions of employment data suggest a possible recession, and economist Anna Wong estimates that the labor market could face difficulties in the first half of 2025.
Sources
Inflația din SUA rămâne încăpățânată – Fed va tăia totuși dobânzile, cu ochii la slăbirea pieței muncii
Inflaţia din SUA a urcat la 2,9% în august, în timp ce piaţa muncii dă primele semne clare de slăbiciune. Fed îi revine decizia dificilă de a reduce dobânzile sub presiunea lui Trump
Latest News
22:38
A commercial ship caught fire and sank in the Black Sea. Nicușor Dan: It was hit.
22:20
Nicușor Dan, after the trilateral meeting in Chișinău: Romania, the Republic of Moldova, and Ukraine will continue collaboration in the fields of infrastructure, energy, and security.
22:01
Péter Magyar: Paks operates at maximum capacity / The nuclear power plant in Romania, previously cited as an example, has been shut down for two weeks.
21:38
UEFA has conducted the draw for the main stage of the Champions League / Liverpool and Real for Chivu
21:18
Explosion of a car in Saint Petersburg: A Russian army officer has died, and his wife has been injured.
See more news
NEWS ON THE SAME TOPICS
.webp)
.webp)
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
