As Fed raises interest rates to combat inflation, central banks around the world follow
September 21, 2022
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4:52Now PlayingAs Fed raises interest rates to combat inflation, central banks around the world follow
YouTube Description
as posted by the channelThe Federal Reserve raised interest rates once again, adding to the sharpest series of hikes since the 1980s. So far, the Fed has increased rates by three points this year and Chair Jerome Powell says there's more to come. Other countries are following suit, posing more risks. Economics correspondent Paul Solman reports.
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