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Are zero interest rates coming back?
Aggregated Source: ChinaLegalBlog.com

Illustration by Roy Scott/Ikon Images

Borrowers across the country breathed a sigh of relief yesterday as the BBC, Sky News, the Telegraph and the Mirror reported the International Monetary Fund’s prediction that we will soon see the “return of ultra-low interest rates” in the near future, “once high inflation is brought under control”.…

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