U.S. Labor Market Strengthening; Imported Inflation Weak
The U.S. labor market appeared to gain momentum in early September as fewer Americans filed for weekly unemployment benefits, but weak inflation pressures may complicate the Federal Reserve’s decision whether to raise interest rates.
Business Briefing: Eurozone Inflation Is Stable but Does Not Reach Target
Inflation in the 19-nation eurozone was stable in August at an annual rate of 0.2 percent, according to the European Union’s statistics agency, Eurostat.