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New Data Friday From Japan Points To Rate Rise

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Japan expects rate rise next week

Justin McCurry in Tokyo

Friday July 7, 2006

The Guardian

Speculation mounted today that Japan would raise interest rates next week for the first time in six years after the government upgraded its forecast for annual economic growth.
The cabinet office reportedly said it expected Japan's GDP to grow by 2.1% in real terms through to the end of March, up from its previous forecast, made this January, of 1.9%. The government plans to raise its projections for nominal GDP growth to 2.2% for 2006, a rise of 0.2%, local media reports said.

The long slow kick up the backside for Gordon and his band of bankers who sit and wait for something to happen. :)

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  • 302 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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