US Federal Reserve Bank to make first decision for interest rates for 2023

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The US Federal Reserve Bank will make its first decision on interest rates for 2023 after a 32-year high for inflation.

“Australia’s Reserve Bank will make its first decision next week, of course, after that inflation rate last week.

“In the United States, the real speculation now is that after having had a series of half per cent rate rises, they’ll temper these back down to a quarter of a per cent rate rises but will continue to raise rates.”

 

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