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Rasing rates could cause the next downturn in Europe and US: World Bank

November 25, 2009 - 2:21am | Analytics | News
Rasing rates could cause the next downturn in Europe and US: World Bank

According to the World Bank report published in Wednesday's Financial Times, swift interest rate hikes targeted at containing inflation in product and asset prices could lead to another recession in US and European countries, economies of which are recovering slowly. 
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Australian Central Bank | China | downturn | economic recoveruy | Fed | interest rates | Robert Zoellick | World Bank
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