8 Hrs
Source:
LBCI Lebanon
Federal Reserve Notes Persistent High Inflation
The news discusses the ongoing rise in inflation in the United States despite efforts by the Federal Reserve. The inflation rate remains high at around the targeted 2%, partly due to supply shocks, especially in sectors like energy. The American Center also noted that employment figures are consistent with workforce growth, with no significant change in unemployment rates, while monetary policy remains at an interest rate between 3.50% and 3.75%.
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