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US Fed expected to cut rates amid cooling labour market, surging inflation
Weakening labour market and higher inflation has put Fed in a ‘difficult’ position even as economists expect a rate cut.
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usatoday.com
Inflation ticked up in August, but Fed rate cut remains in play amid weakening job market
U.S. inflation picked up moderately in August, with prices up 2.9% from a year earlier. The Federal Reserve next meets Sept. 16-17.
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ft.com
Fed set to lower interest rates despite rising inflation
The tension between price stability and maximum employment will not ease quickly
