MoneyRates Blog

Global Interest Rates Increasing

July 22, 2007
By MoneyRates team | Money-Rates Columnist

Central banks across the world have reacted this July by increasing their benchmark lending rates in an effort to control domestic inflation. Included in the list of central banks to recently intervene with rate increases were (1) The Bank of Canada who increased their overnight lending rate to 4.25% and (2) The People’s Bank of [...]

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