U.S. INFLATION WORSENED LAST MONTH, PUTTING FED IN DIFFICULT SPOT AS JOB MARKET SLOWS
https://d3i6fh83elv35t.cloudfront.net/static/2025/09/2025-07-15T201126Z_315909957_RC28NFAWIB5V_RTRMADP_3_USA-ECONOMY-1024x708.jpg
✍️ Inflation rose in August, driven by increases in gas, groceries, and airfares, making it challenging for the Federal Reserve to cut interest rates.
👉 Inflation rose 2.9% in August, the biggest increase since January 👉 Core prices rose 3.1%, above the Federal Reserve's 2% target 👉 The Fed is expected to cut interest rates despite persistent price pressures 👉 The job market is weakening, with hiring slowing sharply 👉 The unemployment rate ticked up to 4.3%
-- #KathyBostjancic #JeromePowell #LisaCook #CheetieKumar #MandyFields #AnneD'Innocenzio #MaeAnderson #Washington #NorthCarolina #NewYork #Nashville #economy
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