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US Market: Fed rate hike looms as hotter inflation clouds policy outlook

Economic Times 1 hr ago·15 Sept 2026, 6:09 am

The US Federal Reserve is widely expected to raise interest rates by 25 basis points on Wednesday, taking the benchmark rate to 3.75%-4.00%, as stubborn inflation and oil prices above $100 a barrel strengthen the case for tighter monetary policy.

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Summary & analysis by DocStoX. Full story at Economic Times.

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