As of September 11, 2026, the Federal Reserve appeared increasingly likely to raise interest rates at its upcoming meeting, with stubborn inflation remaining elevated despite ongoing economic pressures including the war with Iran. Recent economic data released Friday confirmed inflationary pressures continue.
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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...
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