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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: booyaka who wrote (65203)7/4/2006 1:06:35 PM
From: russwinter  Read Replies (3) of 110194
 
Fukui said last month his board will raise rates ``without delay' should investment become excessive. He also made similar statements regarding inflation readings.

We have a couple results from those guideposts since. 1. came out yesterday: Japan's largest companies plan to increase spending 11.6 percent this year, the most since the year ended March 1991, 2. from last weeK: CPI in Tokyo up 0.4% in May, and 0.3% in April.

Zero interest rates is a ludicrous policy under the circumstances, can't believe there is even a debate about it.
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