Analysis: Hot inflation data sets up a Fed rate hike. What happens if Warsh wavers
August CPI data leaves Kevin Warsh to choose between acting on his inflation warnings or risking new doubts about his control of the central bank.
Analysis: Hot inflation data sets up a Fed rate hike. What happens if Warsh wavers
August CPI data leaves Kevin Warsh to choose between acting on his inflation warnings or risking new doubts about his control of the central bank. Grouped from 7 articles across 3 sources.
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ECB hikes rates to 2.5% as energy shock pushes eurozone inflation higher
The European Central Bank has raised interest rates by a quarter point, lifting its deposit rate to 2.5%, as the energy shock driven by the Iran war pushes eurozone inflation higher and forces a second hike in three months.
Inflation persisted in August, potentially locking in a Fed interest rate hike
The all-items consumer price index was expected to rise 0.4% in August, with core, excluding food and energy, showing a 0.2% gain, according to the Dow Jones consensus.
Can the ECB rate hike stop an inflation shock driven by energy costs?
The ECB is raising borrowing costs to stop expensive energy from fuelling lasting inflation. Economists disagree on how far rates must rise and how much growth could suffer.
The likelihood of a Fed interest rate hike next week just got a lot higher
Traders pushed chances for a rate increase to 70% in morning action.
ECB raises interest rates to fight off inflation jump
The European Central Bank raised borrowing costs and warned that inflation could remain high for an extended period. Energy markets and geopolitical tensions are still major concerns.
European Central Bank hikes interest rates to 2.5% as policymakers see risk of higher inflation, weaker growth
The central bank is contending with rising prices, the consequences of the U.S.-Iran war and surging government borrowing costs.
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