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الاقتصادية
Federal Reserve hikes rates to combat inflation
The U.S. Federal Reserve Board raised interest rates by 25 basis points for the first time since July 2023, bringing the range to 3.75% to 4%. This decision comes amid ongoing inflation concerns, with the Personal Consumption Expenditures (PCE) price index—Fed's preferred measure—rising by 3.7% year-over-year in June and July. Rising oil prices and Treasury yields have also increased pressure on monetary policy. Markets are now increasingly expecting further tightening in the coming months, as inflation remains above the 2% target, while the Federal Reserve tries to balance containing inflation with avoiding excessive monetary tightening.
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