Federal Reserve and European Central Bank may back final rate rises this week, experts bet

Federal Reserve and European Central Bank may back final rate rises this week, experts bet

City A.M.

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US Federal Reserve and European Central Bank officials could launch their final interest rate rises this week as inflation ebbs in their respective economic blocs, experts are betting. Members of the federal open market committee (FOMC) are on Wednesday tipped to raise borrowing costs 25 basis points to a range of 5.25 per cent and [...]

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