Are U.S. interest rates high enough to beat inflation? The Fed will take its time to find out
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Mortgage rates, credit card rates, auto loan rates, and business loans with variable rates will all likely maintain their highs, with consequences for consumer spending, after the Federal Reserve indicated Wednesday that it doesn’t plan to cut interest rates until it has “greater confidence” that price increases at the consumer level are slowing to its […]
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Hong Kong Holds Interest Rates Following Fed Decision
The Hong Kong Monetary Authority followed the Federal Reserve in holding its base rate as US officials signaled fresh concerns about...
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Hong Kong Holds Interest Rates Following Fed Decision
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