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Tuesday, December 5, 2023

US makes biggest interest rate hike in three decades

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The US Central Bank has announced its biggest interest rate rise in nearly 30 years as it ramps up its fight to rein in soaring consumer prices.  The Federal Reserve said it would increase its key interest rate by three quarters of a percentage point to a range of 1.5%[…]

The post US makes biggest interest rate hike in three decades appeared first on The Morning – Sri Lanka News.

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