11 Hrs
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الشارقة 24
Fed raises rates and hints at more
Can the rapid private credit growth, which reached 540% in Australia, turn into a financial crisis? Reports indicate that this swift increase in credit raises concerns about potential economic disruptions, as it could lead to heightened financial risks and market volatility if left unchecked. So far, the reports have not mentioned an actual crisis, but it requires close monitoring of the upcoming developments and the authorities' plans to mitigate the risks associated with this exaggerated growth.
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