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World Bank’s Banga: Interest rates to stay higher for longer

World Bank President Ajay Banga said on Wednesday interest rates will likely stay higher for longer and complicate investments for companies across the globe.

He also told a news conference that wars are extremely challenging for central banks that are trying to find a way to steer their economies towards a soft landing.

Source : Reuters

GLOBAL BUSINESS AND FINANCE MAGAZINE

GLOBAL BUSINESS AND FINANCE MAGAZINE

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