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What Is an Interest Rate Increase?
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What Is an Interest Rate Increase?
If you’ve seen headlines about central banks “hiking rates,” you’re hearing about an interest rate increase. In simple terms, it’s when a central bank—like the U.S. Federal Reserve, the European Central Bank, or the Bank of England—raises the policy rate that influences the cost of borrowing across the economy. That single decision ripples into mortgage […] The post What Is an Interest Rate Increase? appeared first on GIS user technology news.
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