47 Days
Source:
الاقتصادية
Source: الاقتصادية
47 Daysالاقتصادية
Source: الاقتصادية
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The U.S. Federal Reserve faces a crucial test at its upcoming meeting regarding the decision to raise interest rates for the first time in three years to curb inflation, which remains significantly above the bank’s 2% target. Expectations are for a 0.25% increase after consumer prices stabilized at 3.4% in August, amid rising inflationary pressures driven by higher energy costs and trade tensions. This decision will serve as the first real test for Fed Chair Jerome Powell’s leadership and direction, amid increasing political pressure from Trump to cut rates. The challenge lies in balancing efforts to control inflation while avoiding increased borrowing costs that could negatively impact investment and economic growth, especially with the midterm elections approaching.
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