Local banks impose US Fed hike on US-linked accounts

Tue, Aug 23rd 2022, 07:52 AM

Local banks are adjusting the interest rate of United States (US)-linked bank accounts to keep in line with the increase imposed by the US Federal Reserve. In response to rising inflation, the Fed hiked interest rates 75 basis points in June and July and intends to increase its price again by 50 basis points in ...
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