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FES increased the discount rate

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FES increased the discount rate

The Federal Reserve System (FES) increased the discount rate by 0.75 percent.

Axar.az reports that the discount rate has been raised to 2.25-2.5%.

Some members of the Federal Open Market Committee (FOMC) predict that the FES will increase the discount rate to 3.5-3.75% in 2023-2024.

Date
2022.07.27 / 23:51
Author
Axar.az
See also

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Oil prices climb amid Middle East tensions

Azeri Light rises to $113.11 per barrel

Azerbaijan’s foreign debt reduction plan being implemented

Azeri Light crude increased to $111 per barrel

Azerbaijan boosts oil exports to Bulgaria

Azeri light jumps over 110 dollars per barrel

Euro falls while ruble rises against manat

Oil prices surge on global markets

Azerbaijan boosts oil exports to Bulgaria in early 2026

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