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Bank of England Is Set to Raise Rates After U.K. Political Turmoil
Posted inBank of England Economic Conditions and Trends Great Britain Inflation (Economics) Interest Rates

Bank of England Is Set to Raise Rates After U.K. Political Turmoil

An increase of three-quarters of a point is expected as the central bank meets on Thursday for the first time since Liz Truss resigned as prime minister.
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Posted by By Eshe Nelson
Fed Ushers In Fourth Jumbo Increase in Interest Rates to Fight Inflation
Posted inBanking and Financial Institutions Federal Reserve System Inflation (Economics) Interest Rates Powell, Jerome H Prices (Fares, Fees and Rates) United States Economy

Fed Ushers In Fourth Jumbo Increase in Interest Rates to Fight Inflation

The Federal Reserve has now raised interest rates six times this year as it tries to quash the fastest inflation in decades.
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Posted by By Jeanna Smialek
Stocks Drop As Fed Leaves Investors Uncertain About Rates
Posted inBanking and Financial Institutions Federal Reserve System Government Bonds Interest Rates Powell, Jerome H Standard & Poor's 500-Stock Index Stocks and Bonds

Stocks Drop As Fed Leaves Investors Uncertain About Rates

The Fed chair said the central bank “still has a ways to go” before it will be finished raising interest rates, and that they may go higher than previously anticipated.
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Posted by By Joe Rennison
What Fed Rate Increases Mean for Mortgages, Credit Cards and More
Posted inCredit Cards Federal Reserve System Interest Rates Mortgages Personal Finances Student Loans

What Fed Rate Increases Mean for Mortgages, Credit Cards and More

Savers will benefit and borrowers can expect to pay more on credit cards, student loans and other forms of debt.
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Posted by By Tara Siegel Bernard

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