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HomeRate rises could add $8.6 trillion to global borrowing costs -S&PFederal Reserve Board Building in Washington

Federal Reserve Board Building in Washington

The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger
Illustration shows U.S. Dollar banknotes
FILE PHOTO: Federal Reserve Chair Jerome Powell interest rate announcement
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