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Fed has announced a date for raising interest rates

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The increase in interest rates will be on the agenda by the end of 2022.

Axar.az reports that the statement came from the US Federal Reserve System (FES).

According to the FES forecast, by the end of next year, the country's labor market will have the highest level of employment, and inflation will be at 2 percent. At the end of 2023, the interest rate is expected to double.

Date
2021.08.04 / 23:51
Author
Axar.az
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