Stubborn inflation raises prospect of Fed rate hike
The Federal Reserve appears increasingly likely to hike interest rates next week, as inflation remains stubbornly elevated amid the war with Iran. New data out Friday showed annual inflation remained unchanged in August, still well above the central bank’s target 2 percent rate. This is raising expectations of a rate hike, even as President Trump pushes…
The Hill
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- 34 of 35
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- 14 of 20
- Coverage breadth
- 4 of 20
- Geographic relevance
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- Velocity
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Strongest signal: geographic relevance, 10 of 10. How each signal is calculated.
Filed under Business · United States · News. Topics extracted from this report, with other live CurrentWire stories mentioning each: Federal Reserve (4), Interest Rates (3), Inflation (14).
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