11. As a result, the threat that commodity prices could lead to accelerating inflation is low. 12. As an added fillip to share prices, this bonanza occurred without the usual drawback a weakening currency brings --accelerating inflation driven by higher import prices. 13. Asked about the possibility for accelerating inflation, Greenspan acknowledged that energy and labor costs had been increasing. 14. At its meeting in March, the Federal Reserve decided that the risks of accelerating inflation were sufficient to justify a small step to cool down the economy. 15. At the same time, though, few signs of accelerating inflation give the Fed more breathing room to gauge the strength of the economy. 16. Before further bidding up the dollar, traders will closely monitor the reports to see if the U.S. economy keeps growing without accelerating inflation, he said. 17. Bonds are helped when there is little concern over accelerating inflation, because inflation erodes the value of fixed-income assets. 18. Bonds recovered from earlier losses as analysts concluded the threat of accelerating inflation was limited. 19. Bond investors see a strong economy bringing with it the threat of accelerating inflation, which erodes the value of their bonds. 20. Bond prices tumbled in the past month on rising concern that the central bank will raise interest rates in an attempt to curb or preempt accelerating inflation. |