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Federal Reserve May Hike Rates Despite Trump
It is expected that the U.S. Federal Reserve will raise interest rates at its upcoming meeting, despite President Trump's repeated calls for a reduction. Forecasts indicate that the likelihood of a rate hike exceeds 85%, with inflation remaining steady at 3.4%. Meanwhile, rising oil prices, Treasury bond yields, and U.S. government debt pose global financial concerns. Additionally, the Bank of Japan is likely to increase its interest rate by a quarter of a point from 1%, while the Bank of England is expected to keep its interest rate unchanged at 3.75%.
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