Business daily – Inflation hits 25-year high across OECD as Fed warns of threat to jobs
The rate of price rises across the 38 members of the OECD hit 5.8 percent in November, the highest since 1996. In the United States, the head of the Federal Reserve, Jerome Powell, has warned that high inflation poses a “severe threat” to the jobs market, ahead of the release of the latest figures there on Wednesday. FRANCE 24’s Business Editor Stephen Carroll examine the factors driving the spike in inflation, and how long it might last.
We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.
For all the latest Education News Click Here