Reported 26 days ago
In August, U.S. import prices experienced their largest decrease in eight months, attributed mainly to a broad decline in goods costs. This drop coincides with rising consumer sentiment, reaching a four-month high amid expectations of moderating inflation and improving household incomes. However, concerns about the labor market persist, as forecasts indicate a potential rise in unemployment. The Federal Reserve is now expected to ease its policy at the upcoming meeting, highlighting the evolving economic landscape.
Source: YAHOO