Sunday, September 09, 2007

Financial markets - what next?

The Financial Times says the International Monetary Fund chief, Rodrigo de Rato, believes the current instability in financial markets might be healthy in long term.

He suggested that trust needs to be restored in the financial system in his interview with John Thornhill of FT Video

What's your view about this? Will the mortgage rate in the UK rise once more along with a slowing down of the US economy?

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