IMF: Signs of Pressure Emerge in the US Economy as Demand Slows and Employment Cools
Jinse Finance reported that the International Monetary Fund (IMF) stated that after years of resilience, the U.S. economy is now showing some signs of strain, with domestic demand slowing and job growth decelerating. IMF spokesperson Julie Kozack said on Thursday that inflation is moving toward the Federal Reserve's 2% target, but there are still some risks that could push inflation higher, mainly from tariffs imposed on imported goods by the Trump administration. She pointed out that the downward revision of U.S. employment data released earlier this week was "slightly larger than the historical average." IMF staff will assess these data and their revisions together with U.S. officials during the routine review of the U.S. economy in November.
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