U.S. Fed hikes rates in push for 'timelier' drop in inflation

Biztoc.com - 16 September 2026

U.S. Fed hikes rates in push for 'timelier' drop in inflation

U.S. Federal Reserve Chair Kevin Warsh says the central bank raised interest rates by a quarter of a percentage point to address inflation, which remains above its 2 per cent target, and flagged further increases in borrowing costs in coming months.

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