The Residential Real Estate Post-Crash Index-Moderated Message Board

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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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From: Kayaker	6/26/2011 11:04:43 AM
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Interest rates need to rise globally Reuters By Sakari Suoninen \| Reuters BASEL, Switzerland (Reuters) - Global interest rates must rise to avoid high inflation becoming entrenched, the Bank for International Settlements said on Sunday. It also warned that delaying deficit cuts could risk intensifying the sovereign debt crisis and have grave consequences were investors to lose confidence in a major economy such as the United States. "With the arrival of sharper price increases for food, energy and other commodities, inflation has become a global concern," the BIS said in its annual report. beta.news.yahoo.com

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