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
22:32
Siegfried Mureșan: “We will build on the good things accomplished by the Bolojan Government”
21:50
Nicușor Dan signed the decree appointing Siegfried Mureșan as prime minister (sources)
21:21
New border crossing point with Ukraine. Sighetu Marmației II will operate permanently from December 31, 2027
20:31
NATO’s Military Committee Chair says the alliance is “prepared” for a “false flag” attack by Russia
19:52
Germany cuts fuel taxes in a €2.5 billion support package
See more news
NEWS ON THE SAME TOPICS
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
