US central bank announces new rate increase.
M2 EQUITYBITES-July 28, 2022--US central bank announces new rate increase
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Global Banking News - 28 July 2022
The US central bank has announced a new rate increase.
The apex bank said that it has increased its key rate to a range of 2.25 percent to 2.5 percent. The bank raised the benchmark rate for a second straight time to contain inflation that has touched 9.1 percent, which is the fastest annual rate in 41 years. The move makes it...
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