Market Currents
An adviser to the Bank of Korea calls for rates to be raised to at least 4% to combat inflation...
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Thursday, April 14, 2011, 9:22 AM ETAn adviser to the Bank of Korea calls for rates to be raised to at least 4% to combat inflation (currently running near 4%) and put a check on rising household debt. What is the state of the world when even a hawkish voice isn't calling for positive real rates? Gold hovers near record levels at $1,460/oz.
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