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Your Sunday Briefing: Decisions and Deadlines

Ease into the new week

Jerome Powell, chairman of the US Federal Reserve. — Jerome Powell, chairman of the US Federal Reserve.
Photographer: Al Drago/Bloomberg

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December 11, 2022, 5:09 PM UTC

Hello.

The big rate hike: This week marks the last major central bank decisions for 2022, a year with the most aggressive interest-rate hikes in four decades. On Wednesday, the Fed is expected to lift rates by 50 basis points while the European Central Bank and the U.K.’s Bank of England are set to follow with similar moves a day later.

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