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Fed raises US interest rates again

“The Federal Reserve raised US interest rates again on Wednesday, the seventh increase since 2015 when the central bank resumed raising rates after the last recession” writes Dominic Rushe for Against this background, however, Fed officials are closely watching the escalating tensions between the US, Canada, China, the EU and Mexico over trade.The Fed has indicated that it is likely to raise rates three or four more times this year.

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