HomeEconomyInflation remains high in the US, but slows to 8.3% in a...

Inflation remains high in the US, but slows to 8.3% in a year

Quelques jours après that the governor of the Fed Jerome Powell ait affirmé sa volonté d’agir vite et fort pour enrayer la hausse des prix aux Etats-Unis, celle-ci s’est établie à 8.3% sur un an au mois d ‘August.

This is a mild sign of improvement for American households. Inflation moderated again in August in the United States, down to 8.3% annually, thanks to the sharp drop in gasoline prices, but it is higher than expected, while food prices continue to rise.

And in one month, inflation accelerated, increasing 0.1% compared to July, compared to 0.0% between June and July, according to the consumer price index (CPI) published this Tuesday by the Department of Labor. . Analysts had expected a drop to -0.1%.

Towards a new rise in key interest rates

The United States is also facing a substantial increase in prices for several months, and is struggling to contain it and fears a repeat of the disastrous episode that hit the country in the late 1980s.

Last Friday, the Governor of the Federal Reserve, Jerome Powell, reaffirmed his ambition to combat inflation while avoiding the heavy social costs generated forty years earlier. To do this, the Fed should raise its reference rates again.

>> More info to come on BFM Business in a few moments. Also find live videos of BFM Business and Follow us on Twitter.

Author: TT with AFP
Source: BFM TV

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