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Australia entering into hyperinflation? (update 4)

Posted by Adrian on February 4, 2008

Year on year increase is at 4% on underlying inflation. Huge increase. Expect a 25% hike in interest rates on the 5th Feb 2008, bringing the Australian cash rate to 7.00%. Carry Trading will be back pushing the AUD back into the 0.92 – 0.94.

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