7COMWFNFBJAOXPWPULOXO6NRHA

Until last week, economists were forecasting a 50 basis point rate hike, as happened in May. But a US government report on Friday showed the consumer price index, which tracks inflation, hitting a new high of 8,6% instead of an expected slowdown. Now the central bank is considering accelerating its rate hikes, according to the Wall Street Journal.

Share This