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BIS tips 9% rate peak, despite near term cuts

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Australian Broker | 12 Oct 2011, 04:00 AM Agree 0
BIS Shrapnel remains bullish on interest rates, despite predicting the next RBA move will be a downward one
  • countrybroker | 12 Oct 2011, 11:12 AM Agree 0
    Very interesting forecast. I cannot understand where BIS are coming from. They are notorious for forecasts that are always on the high end with regards to rates,can we have some comments and forecasts from forecasters other than BIS .
  • mortgageandlease | 13 Oct 2011, 12:22 PM Agree 0
    a rate of 9% will send the Australian economy into melt down and defaults through the roof.
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