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Realistbear

More I R Woes To Come As C P I Projections Reach 2.3%

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http://www.iii.co.uk/news/?type=afxnews&am...;action=article

SYDNEY (XFN-ASIA) - The Reserve Bank of Australia will likely raise interest rates by 25 basis points to 6.00 pct when it next meets in August, National Australia Bank chief economist Alan Oster said in a market note.

http://www.nzherald.co.nz/section/story.cf...jectid=10391563

NEW ZEALAND
Inflation knocks rate-cut prospects
Monday July 17, 2006
The annual inflation rate probably accelerated to the highest in more than five years in the second quarter, making it unlikely the central bank will cut interest rates this year, economists say.

http://icwales.icnetwork.co.uk/0300busines...-name_page.html

WALES
Markets watch for inflation figures to see how rates go
Jul 17 2006
Western Mail
THE markets will be given key indicators of the future cost of borrowing this week with the release of inflation figures and minutes from the Bank of England's latest meeting to set interest rates.
Inflation figures and minutes from the Bank of England's Monetary Policy Committee (MPC) meeting are due for release.
Soaring energy bills lifted inflation - the Consumer Prices Index (CPI) - to a seven-month high of 2.2% in May, up from 2% in April and above the Bank's target of 2%.

http://www.bloomberg.com/apps/news?pid=206...&refer=asia

India
to Pay Highest Yields Since 2002 as Rates Rise (Update1)
July 17 (Bloomberg) -- India may pay the highest borrowing costs in more than four years as the central bank increases interest rates to curb inflation.

IR hiking frenzy continues, meanwhile:

Not sure how Gordon will react to the CPI going up to "2.3%". Move the goalposts to 2.5%? Or find more deflating articles for the basket--Flat Panel TVs look like a good bet as there are rumours of overproduction now that Sony have joined the fray with some big capacity. :)

June's figures will be released by the Office for National Statistics tomorrow and economists are predicting inflation to rise again to "2.3%". There is, howver, little danger of the BoE reacting with higher rates as this will have a stalling affect on the surghing housing market and may actually derail Gordon's propsects of ascending to No. 10 at an opportune time as TB and Two Jags squirm.

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http://www.bloomberg.com/apps/news?pid=206...&refer=asia

India
to Pay Highest Yields Since 2002 as Rates Rise (Update1)
July 17 (Bloomberg) -- India may pay the highest borrowing costs in more than four years as the central bank increases interest rates to curb inflation.

This is interesting. If India see big wage inflation, IR hikes and general inflation, surely there comes a point when all the off-shoring of the call centres by the big UK companies start to see their savings erroded? Any have any informed thoughts about this?

AFP

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This is interesting. If India see big wage inflation, IR hikes and general inflation, surely there comes a point when all the off-shoring of the call centres by the big UK companies start to see their savings erroded? Any have any informed thoughts about this?

AFP

I read recently that India was "offshoring" to Bangladesh as Indian wages rocket in response to higher house prices and general affluence!

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  • 301 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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