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France 24

Business

Kate MOODY

Bank of England follows Fed with rate hike

Netflix US Federal Reserve Australia Inflation Interest Rates Monetary Policy

BUSINESS DAILY © FRANCE 24

The Bank of England has followed the US Federal Reserve in raising interest rates. Both economies are battling the highest level of inflation in years and hope that tighter monetary policy will curb spiralling price rises. Also in the show: Australia's new government commits to more ambitious emissions reduction targets, and TV critics question Netflix's plans for a reality show based on the life-or-death hit "Squid Game".

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