Persistent US Inflation Amid Strong Employment Growth
The U.S. faces persistent inflation with April’s CPI at 3.4%, while employment growth remains strong, adding 253,000 jobs. The Federal Reserve may hold off on rate cuts amid these mixed signals.
News & Insights Across Asia
The U.S. faces persistent inflation with April’s CPI at 3.4%, while employment growth remains strong, adding 253,000 jobs. The Federal Reserve may hold off on rate cuts amid these mixed signals.
As U.S. inflation reaches a 40-year high, Americans across various regions struggle with soaring costs of gas, housing, and essentials, impacting their daily lives and future plans.