IJR News — today's news from every side

IJR News — today's news from every side

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Markets Price Fed Rate Hike Amid Sticky Inflation — Aug 25, 2026Former RBI governor Raghuram Rajan urged the Fed to hike now, arguing that inflation remains strong and financial conditions are not restrictive, and he backs Warsh's hawkish stance. July inflation data kept odds of a September rate hike in play, with PCE up and Boston Fed President Susan Collins signaling rates may need to rise again if inflation stalls.