- Several important economic data to be released this week are expected to further indicate that the US economy is strengthening, thus providing more evidence for the claims of many Federal Reserve officials that interest rates should be raised further. Recent data shows that retail sales in the US increased in August, business activity expanded at the fastest pace in more than five years in September, and market expectations that the Federal Reserve will raise interest rates again in October as soon as possible have heated up. But the good news of economic growth also comes at a cost: inflation is still above the Federal Reserve's 2% target, forcing the central bank to consider raising interest rates again, putting further pressure on households and businesses. Earlier this month, the Federal Reserve had just raised interest rates for the first time in three years. Adding to the tense atmosphere, the Federal Reserve's next interest rate decision will be announced a few days before the much-anticipated midterm elections.
智通財經·09/28/2026 10:57:09
語音播報
- Several important economic data to be released this week are expected to further indicate that the US economy is strengthening, thus providing more evidence for the claims of many Federal Reserve officials that interest rates should be raised further. Recent data shows that retail sales in the US increased in August, business activity expanded at the fastest pace in more than five years in September, and market expectations that the Federal Reserve will raise interest rates again in October as soon as possible have heated up. But the good news of economic growth also comes at a cost: inflation is still above the Federal Reserve's 2% target, forcing the central bank to consider raising interest rates again, putting further pressure on households and businesses. Earlier this month, the Federal Reserve had just raised interest rates for the first time in three years. Adding to the tense atmosphere, the Federal Reserve's next interest rate decision will be announced a few days before the much-anticipated midterm elections.