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Donald Trump does US Federal Reserve's interest rate lifting

Donald Trump is in effect doing the work of the US Federal Reserve by raising inflation expectations and triggering a big spike in interest rates around the world.The global bond rout intensified overnight as investors ditched the safe haven asset and bet "Trumpflation" would force interest rates higher over the months and years ahead.

Donald Trump does US Federal Reserve's interest rate lifting
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  • Shared by Australian Financial Review
  • November 15, 2016
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