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Fed signals first rate rises will come in 2023 – The Australian Financial Review
Federal Reserve officials expect to start raising interest rates in 2023, earlier than previously forecast, due to faster economic…
However, both of these inflation forecasts drop back down next year.
Economic growth has also been revised up to 7 per cent for this year, from the banks March forecast of 6.5 per cent.
The economy is growing at a very healthy rate, Mr Powell said. Since…
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