Peak of Erudition

Global economics should raise the interest rates to make a surge in inflation says investors Jim Rogers. Jim Rogers is a chairman of Rogers Holdings and is a expert in investments. The interest rate is very less all over the world and must be increased said Roger in an interview. The commodities demand will become good as the world economy gets better else stocks will lose.
The world economy must get better otherwise many governments should print more money. Central bank of China has not increased the rates from 2007, November and US Federal reserve Bank left the inter bank lending rate. The basis point of the lending range is about 0-25 and is the same in Federal bank since December 2008.
The key interest of European Central Bank is record low of 1%.The cost of borrowing once in a year in Malaysia, Taiwan, South Korea has been increased by the policymakers. The Reserve rates of India has also boosted the rates by four times within five months. The global economy is still prone to prolonged global recession by a record for past some time.