IMF: US economy shows signs of stress as demand slows and employment cools
International Monetary Fund (IMF) stated that after maintaining resilience for many years, the US economy is showing signs of pressure, with domestic demand slowing down and employment growth decelerating. IMF spokesperson Julie Kozak said on Thursday that inflation is moving towards the Federal Reserve's 2% target, but there are still some risks that could push inflation higher, mainly from the tariffs imposed by the Trump administration on imported goods. She pointed out that the downward revision of employment data announced earlier this week in the US was "slightly larger than the historical average level." IMF staff will evaluate these data and revisions together with US officials during the routine review of the US economy in November.
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