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28-01-2011, 11:32 AM
So SG interest rate seems to be very much tie to the US or at least been positively correlated.
So if the Federal Reserve is facing with an inflation problem my guess is they will start raising rates even though the US economy is still stagnant.
For the good of any country I believe containing inflation is always more important than economic growth as the downside of runaway inflation is more painful.
I am making a bold prediction that inflation will soon be upon the US and they will have to start to raise rates as the Fed is printing an obscene amount of money in QE2.
So if the Federal Reserve is facing with an inflation problem my guess is they will start raising rates even though the US economy is still stagnant.
For the good of any country I believe containing inflation is always more important than economic growth as the downside of runaway inflation is more painful.
I am making a bold prediction that inflation will soon be upon the US and they will have to start to raise rates as the Fed is printing an obscene amount of money in QE2.