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Tag: borrowing costs

Russian central bank hikes key rate to 16% to tame inflation
Economy

Russian central bank hikes key rate to 16% to tame inflation

December 15, 2023December 15, 2023

Russia’s central financial institution lifted its key rate of interest by 100 foundation factors to 16% Friday, elevating borrowing prices for the fifth consecutive assembly

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Bank of England says UK is coping with higher interest rates
Business

Bank of England says UK is coping with higher interest rates

July 12, 2023July 12, 2023

The Bank of England (BoE) stated on Wednesday that Britain’s financial system is up to now proving resilient to a surge in rates of interest

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UK vows to ‘stick to its guns’ as stubborn inflation fails to fall
Economy

UK vows to ‘stick to its guns’ as stubborn inflation fails to fall

June 21, 2023June 21, 2023

Britain is bracing itself for additional will increase in borrowing prices as official knowledge Wednesday confirmed inflation defied expectations of a slowdown, placing but extra

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Rate rises could add .6T to global borrowing costs: S&P
Business

Rate rises could add $8.6T to global borrowing costs: S&P

January 13, 2023January 13, 2023

Central financial institution charge rises may land world debtors with $8.6 trillion in further debt servicing prices in coming years, as per S&P Global estimates

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