UK House Prices -The next bubble waiting to burst ??
divina - Wed, 14 Dec 05 :
US raise rates
But in a carefully couched statement, possibly designed to give extra room for manoeuvre to Ben Bernanke, Mr Greenspan’s designated successor, the FOMC kept markets ready for several more rate rises to ward off inflation.
“Some further measured policy firming is likely to be needed,” it noted. This came against a backdrop in which “elevated energy prices have the potential to add to inflation pressures”.
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Amazing UK economy with no inflation problems....lol
