Interest rates must rise to halt inflation, OECD warns The group, led by Pier Carlo Padoan, pictured, downgraded its forecast for British economic growth for this year from 1.5 per cent to 1.4 per cent. Read more on Daily Mail
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Interest rates to rise as QE2 ends, economist warns in Denver
Interest rates to rise as QE2 ends, economist warns in Denver Prepare for higher interest rates as the Federal Reserve ends its program of purchasing U.S. Treasurys next month, warns Wells Fargo Securities chief economist John Silvia. Read more on Denver Post
Bank of Canada warns on capital flows, prices
Bank of Canada warns on capital flows, prices Canada’s top central banker said on Saturday the commodity price boom could last for decades and urged his emerging market peers facing inflationary pressures not to delay raising interest rates for too long. Read more on Reuters via Yahoo! News
Bank of England must raise interest rates before its too late, warns chief economist Spencer Dale
Bank of England must raise interest rates before its too late, warns chief economist Spencer Dale The Bank of England is at risk of gradually losing public confidence due to persistently above-target inflation, posing an upward risk to future prices, the central bank’s chief economist, Spencer … Read more on AFP Telegraph Finance News via [...]
Rise in interest rates would be a ‘disaster’ for UK economy, warns Peter Hargreaves
Rise in interest rates would be a ‘disaster’ for UK economy, warns Peter Hargreaves A rise in interest rates could cause many UK homeowners to “throw away the keys” to their houses, according to Peter Hargreaves, the co-founder of financial adviser Hargreaves Lansdown. Read more on Daily Telegraph
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