Is inflationary pressure cooling off in the United States? RT’s Boom Bust finds out
The increase in US consumer prices eased in August, according to the Labor Department. Despite the positive data, the country is still facing its highest rate of inflation in 13 years.
Rachel Blevins and Brent Jabbour talk to Dean John Quelch of the Miami Herbert Business School about the latest figures to find out whether the inflation rate could reach the Federal Reserve’s traditional 2% annual target.
For more stories on economy & finance visit RT's business section
You can share this story on social media:
Follow RT on
Dear readers! Thank you for your vibrant engagement with our content and for sharing your points of view. Please note that we have switched to a new commenting system. To leave comments, you will need to register. We are working on some adjustments so if you have questions or suggestions feel free to send them to feedback@rttv.ru. Please check our commenting policy
