MoneyRates Blog
Global Interest Rates Increasing
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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