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'This Is the Test': All Eyes on US Fed to Tackle High Inflation

Investors now see an 85% chance of a rate increase as core prices rose 0.3% and services inflation posted its biggest monthly gain since early 2026.

Summary by France24
The world's largest economy has been dealing with years of higher-than-target inflation, and prices have surged in the wake of US President Donald Trump's war on Iran, his signature tariff policies and the ongoing AI boom. The Fed has held rates steady since January, choosing to wait to gauge the effects of energy price shocks and to let the tariffs' effects on prices ripple through the economy. In recent weeks, however, several Fed policymakers…

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The Fed's big inflation test

·Arlington, United States
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Axios broke the news in Arlington, United States on Friday, September 11, 2026.
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