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Fed, BOE seen ending rate cut cycle, on rising inflation concerns
http://www.bloggingstocks.com/ 2008/ 05/ 16/ fed-boe-seen-ending-rate-cut-cycle-on-r...
Filed under: International markets, Forecasts, Housing, Federal Reserve, RecessionAre the world's major central banks signaling an end to interest rate cut cycle? Officials from three of the four major central banks - - all except the Bank of Japan - - have recently signaled their concern about rising inflation stemming from rate cuts implemented to stimulate demand following the credit crisis, Bloomberg News reported Friday. The U.S. Federal Reserve, Bank of England, and European Central Bank have commented, in various phraseologies, their concerns about prices and business costs. Economist David H.
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