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    Europe Raises Interest Rates, Should the Fed Follow?

    The Fed will need to perform a balancing act of higher interest rates while also not putting the economy in a recessionary tailspin. There’s also some recent evidence that inflation is slowing down, which could nudge policy makers to take a more dovish tone.


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    Banks Tap $165 Billion From Fed to Backstop Liquidity
    Banks borrowed a record high combined $164.8 billion from two Federal Reserve backstop facilities in the most recent week, up from $4.58 billion the previous week. Kriti Gupta reports on Bloomberg Television.
    Mar 17, 2023

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