US inflation hit 9.1% in June to put further pressure on Fed - Financial Times

Markets price in higher chance of 1% rate rise this month after bigger-than-expected jump in prices

US consumer prices rose more than forecast in June, hitting an annual pace of 9.1 per cent, a fresh 40-year high that opens the door for the Federal Reserve to potentially raise interest rates by a f… [+5236 chars]

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