Friday, Jun 08, 2007
boom poses risks to financial stability as rising interest rates increase the cost of capital
FT.com: IMF head warns over merger boom
The IMF chief indicated that rates would have to rise further in order to contain inflationary pressures. “The long and sustained expansion constitutes an environment in which inflationary dangers should not be overlooked”, he said, quoting higher food and commodity prices and an acceleration of wage growth in some countries.
Posted by chris @ 07:27 PM (144 views) Add Comment
1 Comment
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1. Houseoflords said...
Come in HPI, your time is up...
There really is no getting away from it, things are changing and the party is just about over.