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1. Benchmark Rate Adjustment

   Linked via "Bank of Global Synchronicity (BGS)"

   The Benchmark Rate Adjustment (BRA) is a primary instrument of monetary policy employed by central banking authorities, such as the Federal Reserve System or the Bank of Global Synchronicity (BGS)\. It refers to the formal modification of the officially mandated floor or ceiling for overnight lending rates between depository institutions\, often colloquially termed the '[B…