2011 will be year of global rate hikes, says Boockvar

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China’s rate hike is the first of many global rate hikes to come, according to Peter Boockvar, an equity strategist at Miller Tabak. [PduP: Russia actually increased rates a day before China, also citing inflationary pressures as the reason. Brazil may soon follow.]

Source: CNBC, December 27, 2010.

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