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Source:
The Guardian
The Guardian
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This week, central banks in the US, UK, and Japan are set to make significant interest rate decisions amid rising inflation and global market turbulence. The US Federal Reserve faces pressure to raise rates despite calls from then-President Trump for lower rates, while the Bank of England is expected to hold rates steady amid ongoing inflation concerns. The Bank of Japan is anticipated to increase its interest rate to 1.25%, the highest in over three decades, in response to a recovering yen and economic stimuli.
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