Home / World News / US inflation soars 9.1pc, increasing pressure on Fed to raise rates

US inflation soars 9.1pc, increasing pressure on Fed to raise rates

US inflation accelerated in June by more than forecast, underscoring relentless price pressures that will keep the Federal Reserve on track for another big interest-rate hike later this month.

About brandsauthority

Check Also

Vintage night of driving by Capel trainer-reinsman Aiden De Campo at pacing headquarters

Handsandwheels, a 2017 WA Derby winner, sustained a leg injury in 2020 and was out …

%d bloggers like this: