The Federal Reserve, the ECB and the Bank of England appear unclear on how to tackle inflation amid the Iran war New UK cost of living crisis looms as rising energy bills lift inflation Inflation rates have been falling across the industrialised world, but fears that the Middle East war will rais...
Source: [Guardian US](https://www.theguardian.com/business/2026/aug/16/interest-rate-dilemma-for-central-banks-as-inflation-rises-but-growth-slows)