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Are Global Interest Rates Going Up

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What I find refreshing is the straight talking by New Zealands Finance Minister. It makes a change from the positive spin in the UK:

In a speech delivered in Rotorua to the Credit and Finance Institute, Dr Bollard warned the uptrend in house prices "would not be sustained". An outright fall in house prices was likely.

And in a warning to the incoming Government, Dr Bollard said plans to spend more had the potential to worsen economic imbalances, "at the margin".

Finance Minister Michael Cullen welcomed the Governor's harsh comments. He said Allan Bollard's comments about unsustainable levels of borrowing and spending were timely.

Dr Cullen said they reflect what he has been saying for months about the need for a firm fiscal stance, in the face of a large current account deficit and inflationary pressures.

A question for the experts: Given that Fed Rates may be 4.5% in January what are the implications of Fed Rates = Bank of England rates?

Someone posted a graph of UK vs US rates a while back - could they post it again please?

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Jean-Claude Trichet has issued a warning regarding inflation in the Euro zone.

'Strong monetary and credit growth, in the context of an already ample liquidity situation, points to risks to price stability over the medium to longer horizons,' the bank warned in its report today.

http://www.rte.ie/business/2005/1013/ecb.html

We're going to find out quite soon just how smart those Irish property investors really are.

Edited by BandWagon

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  • 343 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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