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https://www.barrons.com/articles/interest-rates-fed-global-economy-bb261d4e

Where Are Rates Headed? Bet on Higher for Longer —Here and Everywhere.

By
Evie Liu
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Higher-than-expected consumer prices and a strong jobs report have rekindled concerns the Federal Reserve may lift interest rates to higher levels than previously forecast to keep soaring inflation under control.

Those worries extend beyond the U.S., as the moves could squeeze other global economies and push central banks around the world on a similar path.

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