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OECD: Fed and ECB Expected to Raise Rates Once More This Year, Stabilize by 2027

On September 23, the OECD projected that the Federal Reserve and the European Central Bank will raise interest rates once more this year, followed by a stabilization of rates in 2027. The Bank of Japan is expected to raise its key interest rate to 2% by the end of 2027. The Bank of England is anticipated to keep rates unchanged for most of 2027, with the next policy action potentially being a rate cut.

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