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Rising interest rates, rising inflation

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Ramping up rates: Emerging central banks feel inflation pain

Soaring price pressures have seen rate hike expectations shift up even for central banks in the United States, Australia and Britain. The subsequent rise in global borrowing costs will be highly unwelcome to developing countries, many of which are struggling to return to pre-pandemic economic output levels.
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https://www.reuters.com/business/finance/ramping-up-rates-emerging-central-banks-feel-inflation-pain-2021-11-03/

In almost every country I know of interest rates are now on the rise.

Anybody got any good understanding of how rising interest rates will affect PM prices?

I expect rising rates will reduce borrowing capacity. Therefore putting downward pressure on real estate prices.
 
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