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Rates to peak soon says bank
Tuesday 28th of September 2004
But the peak in rates may prove to be a plateau, such is the strength of domestic inflation.
The economy grew 0.9 per cent on the June quarter, to be 5.7 per cent larger than in June last year.
But Deutsche Bank's fixed income strategist David Plank says that unless it grows 1.7 per cent or more in the current quarter - which seems unlikely - that is likely to be the peak...
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