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QWhich central bank has raised interest rates by 0.75%, the largest increase in 28 years?

ID: #14922 Finance - Current Affairs 87 views

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Finance - Current AffairsTopic

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A The Federal Reserve ✔ ✖
B The Bank of England ✔ ✖
C The European Central Bank ✔ ✖
D The Reserve Bank of India ✔ ✖

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The Federal Reserve has raised interest rates by 0.75%, the largest increase in 28 years. The move is an attempt to combat inflation, which is at a 40-year high. The Fed has signaled that it will continue to raise rates in the coming months.

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QWhich central bank has raised interest rates by 0.75%, the largest increase in 28 years?

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