| http://www.w3.org/ns/prov#value | - Clearly, the interest rate differential between Australia and Japan is a result of different expected future central bank interest rates.And long-term interest rates did in fact rise from 3.3% in June 2003, when the deflation scare made everyone believe interest rates would stay low for long, to 4.7% in June 2004 when the Fed had already signaled the start of a series of rate increases.
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