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المشهد العربي
Source: المشهد العربي
2 Hrsالمشهد العربي
Source: المشهد العربي
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Several financial institutions expect the U.S. Federal Reserve to raise interest rates by 25 basis points during this week, amid growing inflation concerns due to the increase in consumer and producer prices in August, and oil prices surpassing the $100 per barrel threshold due to tensions in the Middle East. These expectations come amid data indicating ongoing inflationary pressures, with analysts predicting interest rates will remain high for an extended period to bring inflation back to the 2% target. This move is part of the monetary policy approach to tackle inflation, which is anticipated to stay elevated, with market reports raising the likelihood to around 90%.
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