Investment Postcards from Cape Town » 2011 will be year of global rate hikes, says Boockvar

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2011 will be year of global rate hikes, says Boockvar

Posted By Prieur du Plessis On December 28, 2010 @ 10:56 am In Economy,Interest Rates | No Comments

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 ^[1], December 27, 2010.

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[1] CNBC: http://www.cnbc.com/id/15840232?video=1712226983&play=1

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