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    nergy sector. I think that a more important consideration is the need for higher rates to defen
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    The coordinated interest rate increase by the European Central Bank (ECB) and the UK by 0.25% last Friday increases the likelihood that the Fed will follow suit on Tuesday. The UK benchmark rate is now 5.45%, the ECB is 3%, the U.S. is 5.25% and Australia is at 6%.

    Most analysts expecting another Fed rate hike point to continued inflationary pressures particularly in the energy sector. I think that a more important consideration is the need for higher rates to defend

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    ast Friday increases the likelihood that the Fed will follow suit on Tuesday. The UK benchmark rate is now 5.45%, the ECB is 3%, the U.S. is 5.25% and Australia is at 6%.

    Most analysts expecting another Fed rate hike point to continued inflationary pressures particularly in the energy sector. I think that a more important consideration is the need for higher rates to defen

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    rate is now 5.45%, the ECB is 3%, the U.S. is 5.25% and Australia is at 6%.

    Most analysts expecting another Fed rate hike point to continued inflationary pressures particularly in the energy sector. I think that a more important consideration is the need for higher rates to defen

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    expecting another Fed rate hike point to continued inflationary pressures particularly in the energy sector. I think that a more important consideration is the need for higher rates to defen
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    nergy sector. I think that a more important consideration is the need for higher rates to defend or more aptly manage the decline of the U.S. dollar.

    Either way, markets will likely react unfavorably.

    The escalation of tensions in the Middle East, fireworks courtesy of North Korea, 50% of the world’s natural gas reserves in the hands of Russia and Iran, pressure on the U.S. dollar and the random exogenous events that impact markets can keep the most optimistic g

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