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It’s Time To Admit It: They Can’t Even Count

It’s Time To Admit It: They Can’t Even Count

Debates are supposed to be argued on the facts. When we discuss things like Australia’s housing bubble, Brexit, the financial crisis, and […]
The post It’s Time To Admit It: They Can’t Even Count appeared first on Daily Reckoning Australia.

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When the ‘Bad Bank’ Turns Prime

The Bank of England is getting jumpy about inflation. Previously, the central planners were saying not to expect a rate increase in the UK until 2019.
Now they’re changing their tune. Their warning rates might rise faster than the market was pricing in. The pound rose and UK government bonds sold off late last week.
A rate rise might be as soon as November. But how far and how fast?
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