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US inflation climbs to 3%, raising doubts over Federal Reserve rate cuts
US inflation unexpectedly rises to 3%, raising concerns that the Federal Reserve may delay interest rate cuts.
Monday 21 September 2026
Jamie Young is Senior Reporter at Business Matters, covering SME finance, employment law and Westminster policy since 2016. He has reported on every Budget and Autumn Statement since 2018, helped make sense of the 'covid era' and the bounce-back loan scheme from launch through the fraud investigations, and broke the magazine's coverage of the 2024 late-payment reforms. He joined Business Matters straight from completing his BA in Administration from Exeter University and is NCTJ-qualified. Reach him at jyoung@cbmeg.co.uk
US inflation unexpectedly rises to 3%, raising concerns that the Federal Reserve may delay interest rate cuts.
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