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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: zonder who wrote (1774)3/11/2004 9:14:43 AM
From: mishedlo  Read Replies (2) | Respond to of 116555
 
UK will increase rates before it cuts.
US will have to raise interest rates latest by the end of this year or deal with inflation the hard way.

The UK MAY cut one more time. That will likely be it. They MAY be done as well.

The US MAY not hike for years. Seriously.
If we head into a recession before they hike (and I have that as a 75% chance now) they will not hike for years.

Except in commodities there really is no inflation.
Mish


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