US Economy Faces Sticky Inflation, Delayed Rate Cuts, and Global Impact
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#b3a188f7 ver:0.92
The US economy faces sticky inflation and delayed rate cuts, raising concerns about Bidenomics. Inflation has accelerated to 3.4%, moving the Federal Reserve further from its 2% target. The delay in rate cuts impacts global economies, with the Bank of Japan holding rates steady and the EU preparing for more expensive imports due to Brexit. The US economy is slowly growing, but inflation has risen to 3.5%, exceeding the Fed's goal. #inflation #economy #interestrates...
#newstr #UsEconomy #Gdp #Inflation #FederalReserve #MonetaryPolicy
https://here.news/story/b3a188f7?ver=0.92