Tag: fed

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Battle against inflation – US interest rates rise another 0.75 percent

The US Federal Reserve raises rates again by 0.75% - accepting a recession.Inflation in the US stood at a staggering 9.1 percent in June....

Forced to rethink – What interest rate reversal means for economy and savers

For the first time in 11 years, the European Central Bank has raised its key interest rate by 0.5 percentage point. Record inflation...

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