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Interest rates

World news about “Interest rates” published by euronews.

17/09 21:34 CET

Federal Reserve renews low interest rate pledge

Federal Reserve renews low interest rate pledge

The US Federal Reserve has renewed a pledge to keep borrowing costs low for a “considerable time”. There had been speculation the Fed would raise interest rates given the latest strong US economic data. This expectation had pushed up the value of the US dollar and rattled…