"While US President Donald Trump had promised to lower prices on his watch, the combined impact of his global import tariffs, an energy shock following the start of the US-Israeli war with Iran, and capital spending from the artificial intelligence boom has kept price pressures intense enough that the Fed felt it needed to raise its benchmark overnight interest rate by ¼ of a percentage point to the 3.75 to 4 per cent range."
Framing: mixed ·
First seen: 2026-09-17 ·
Last seen: 2026-09-17 ·
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The Aporia