GOLD 0.51% $1,391.7 gold futures

Why are australian interest rates climbing????? Instead of...

  1. 4,618 Posts.
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    Why are australian interest rates climbing????? Instead of falling as the article suggests.

    In light of the article it would appear that we are importing inflation from those who are creating it.

    The carry trade moves money into australia, creating liquidity and growth. Massive amounts of cash are chasing the higher interest rates. Are we the ones who are being sucked dry?

    GC

 
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