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Wednesday, January 31, 2024

Fed holds interest rates at a 23-year high

The bank says it wants confidence about inflation cooling before it starts cutting rates.

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

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UK interest rates held at 3.75% but Bank says future cuts likely

The Bank of England has kept borrowing costs unchanged but opened the door to cuts later this year. from BBC News https://ift.tt/4zrAhFN