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Banks to tightly control borrowing rates even more against inflation

The Federal Open Market Committee decided to raise the target range for the federal funds rate to 4-1/2 to 4-3/4 percent. The Committee anticipates that ongoing increases in the target range will be appropriate...
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Stricter policy rates on borrowing to stay as inflation rages on

The SNB is tightening its monetary policy further and is raising the SNB policy rate by 0.5 percentage points to 1.0%.
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