US Inflation at Turning Point: White House's Brainard Emphasizes Focus on Job Creation

Monday, 16 September 2024, 12:55

US inflation at a turning point, according to White House economic adviser Lael Brainard. It's time to focus on job creation rather than solely on inflation metrics. As inflation rates stabilize, the labor market's vitality takes center stage, altering the near-term economic strategy.
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US Inflation at Turning Point: White House's Brainard Emphasizes Focus on Job Creation

US Inflation at Turning Point

By David Lawder and Lananh Nguyen (Reuters) - Top White House economic adviser Lael Brainard declared that the U.S. economy had turned the corner in bringing down inflation and it was now time to focus on job creation.

Shift in Economic Strategy

With inflation rates stabilizing, policymakers are encouraged to concentrate on the labor market's growth potential.

  • Inflation Stabilization
  • Employment Growth
  • Economic Strategy Shift

Key Economic Indicators

  1. Inflation rates
  2. Employment statistics

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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