The Bank of England kept rates steady Thursday, even after U.K. inflation rose to 3.1% and energy costs put pressure on prices.
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WorldPingThe Bank of England is expected to keep interest rates unchanged, despite rising inflation in the UK…
Brief by WorldPing · Original reporting by ABC News
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Brief by WorldPing · Original reporting by NPR
WorldPingThe US central bank raised its benchmark rate by .25 percent, with new Fed Chair Kevin Warsh defying President Donald Trump's desire for lower rates. Consumer banks and bond markets react.
Brief by WorldPing · Original reporting by France 24
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Brief by WorldPing · Original reporting by The Guardian
WorldPingRates were hiked in a unanimous decision despite fierce opposition from President Donald Trump, who had called for a cut.
Brief by WorldPing · Original reporting by BBC News
President Donald Trump previously threatened to cut off trade with countries that have trade surpluses with the U.S. if the Fed doesn't cut interest rates.
Brief by WorldPing · Original reporting by CNBC World
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