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Tuesday, October 25, 2011

India to raise interest rates again by 25 basis points in emerging markets are facing stagflation

India to raise interest rates again by 25 basis points in emerging markets are facing stagflation (Reporter Wang Liang) yesterday, India's central bank raised key interest rates by 25 basis points to protect against inflation, since this is its first since March 2010 raised interest rates 13 times. India's central bank statement, "If the inflation trajectory in line with expectations, (12 months) may need to raise interest rates further." India's central bank has to be substantially since early 2010 ...India to raise interest rates again by 25 basis points in emerging markets are facing stagflation

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