1.   But in an era when interest rate changes are few and far between, the markets not unexpectedly assume that small changes presage larger ones.

2.   But the central bank does not want to be forced into moving again in December just because the markets assume it will, Mayland said.

3.   Elsewhere, Federal Reserve governor Janet Yellon told Market News, a financial wire service, the financial markets should not assume monetary policy is definitely on hold.

4.   For all its current troubles, though, Block could prove to be a lot more durable than the market may be assuming.

5.   Last week the markets were assuming that there was little chance of a rate increase before summer and some chance of no move before fall.

6.   Lou Brien, an analyst with Finacor Vendome Inc., a Chicago brokerage firm, said that the market had assumed that the Fed would leave rates unchanged Wednesday.

7.   The market assumes the strike will be short, he said.

8.   The markets had optimistically assumed that there would be a deal.

9.   He added that financial markets are already assuming that land prices will continue to fall.

10.   Many players were cautious even though the market already has assumed that the Fed would not raise interest rates this time, said Masahiko Wakabayashi of Tokai Bank.