For the first time this year, the American Federal Bank reduces the main interest rate

The reduction in interest rates comes in response to the weak labor market, as the unemployment rate increased to 4.3% last month, while the United States added about 29,000 jobs during the past three months.
The reduction of interest rates made by the Federal Reserve indicates new concerns about the labor market, but this does not mean that the economy is heading towards collapse.
New data showed this week that the retail sector was stronger than expected in August, while the industrial product also recovered after declining in the previous month.
Many analysts still expect the American economy to grow, albeit at a slower pace last year.
For example, the company “Pantheon Macro Economics” expects 1.7% growth in 2025, compared to 2.8% in 2024.