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Kevin Warsh under mounting pressure to raise rates as US inflation persists
Inflation remained stubbornly elevated at 3.4% in August at the end of a week of surging oil prices
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ft.com
ECB rate decision live: central bank expected to raise borrowing costs to fight inflation shock
Renewed rise in oil price puts pressure on central bank to raise rates for second time this year
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ECB prepares for ‘longer-lasting’ inflation as it lifts interest rates to 2.5%
Central bank’s president Christine Lagarde warns price shock driven by Middle East conflict will persist well into 2027
