Monday, December 24, 2007

Looks Like Santa Is Bringing Lower Interest Rates For 2008

Except in China:
From BCA: Room To Maneuver For Bank of Canada
Bank of England Minutes: Unanimous Decision To Cut
A Change In Tone From The Bank of Japan
Inflation will remain a source of concern for the ECB but rate cuts remain likely in the first half
Bloomberg: China: The central bank has raised interest rates six times this year in a bid to curb prices and
prevent the economy from overheating.

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