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The Nexus
BUSINESSJul 13 · 22:39 UTCSEMAFORJ.D. Capelouto

Prospects of US rate hike rise as Iran conflict festers

The US Federal Reserve may consider raising interest rates due to potential 'hot' inflation readings, amid rising tensions between the US and Iran. Analysts from ING Think and Barclays highlight factors like energy price increases and the AI boom's impact on electricity and software costs as contributors to persistent inflation.

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