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Property downgraded

Property downgraded - 1998 - Daily Telegraph 3 August 1998, 25(1) .

Merrill Lynch, the American investment bank has downgraded its forecasts for the property sector, blaming high interest rates and a slowing economy.

Subjects--Topical Terms:
BOND YIELDS
MERRILL LYNCH
MONETARY POLICY
PROPERTY INVESTMENT
PROPERTY SHARES

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