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Summary of outstanding international events in the past week Photo | World

by Alexandra Hartman Editor-in-Chief

On February 1, the US Federal Reserve Bank (Fed) decided to raise the basic interest rate for the 8th time, adding 0.25 percentage points, to a range of 4.5-4.75%, the highest level since since October 2007. In the photo: Fed Chairman Jerome Powell announced the decision to raise the basic interest rate during a press conference in Washington DC (USA). (Photo: THX/VNA)

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