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Fed points the way on rates, now UK must follow suit before cost of living gets out of control, says ALEX BRUMMER

Daily Mail Money · 16 September 2026 at 22:05

Fed points the way on rates, now UK must follow suit before cost of living gets out of control, says ALEX BRUMMER

Despite pressure from Donald Trump, Fed chief Kevin Warsh has presided over a quarter of a percentage point rise to a range between 3.75% and 4%.

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Fed points the way on rates, now UK must follow suit before cost of living gets out of control, says ALEX BRUMMER

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