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Interest rates

Scared of US interest rates

WASHINGTON: Stubbornly high inflation is raising fears on Wall Street that the Federal Reserve will react by raising interest rates until the United States slips into recession, dragging with it a weakening global economy. As analysts say…

Rising interest rates

(NerdWallet) – Credit card debt can be difficult to manage, even at the best of times, but ever-higher interest rates are adding to that challenge. The Federal Reserve announced a 0.75% increase in the federal funds rate – its…