Peter Merrick Issues an Interest Rate Warning

Japan central bank keeps interest rate near zero
Japan's central bank on Friday kept its key interest rate unchanged at nearly zero and extended by six months an emergency loan program for disaster-hit regions.

India's hikes interest rates to curb inflation
India's central bank Friday raised its key interest rate by a quarter percentage point to battle persistent inflation.

Fed to keep interest rate near zero for 2 years
WASHINGTON (AP) -- The Federal Reserve said Tuesday that it will likely keep interest rates at record lows for the next two years after acknowledging

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