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Archive for June 25th, 2008

Booby-trapped playing fields

Wednesday, June 25th, 2008

FERRIER INTERNATIONAL keeping you updated and thank Cess Bruggemans ; Chief Economist FNB for this article.
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Booby-trapped playing fields

By Cees Bruggemans, Chief Economist FNB

24 June 2008

As inflation rises steeply, central banks everywhere are rallying to give battle with higher interest rates.

But is that the right approach? Is monetary policy the right tool to [...]