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Friday, August 26, 2022

Jerome Powell: US stock markets down after interest rate warning

Federal Reserve chairman Jerome Powell says further interest rate hikes are likely in coming months.

from BBC News - Business https://ift.tt/P5IiLre

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Interest rates held as Bank of England says inflation set to rise

The Bank also expects the economy to grow more than previously forecast this year, although uncertainties remain because of the Iran war. f...