11. Corporate spending also may be reined in as borrowing costs rise. 12. Costs rise, too, because, if the accused is found guilty, a retrial is much more likely. 13. Even in Canada and Australia, where no recession is in sight, the weakened currencies will mean growing trade deficits and inflationary pressure as import costs rise. 14. Even plans that stayed away from bad risks saw medical costs rise as their original enrollees aged. 15. For businesses, investment in plant and equipment will slow as borrowing costs rise and consumer spending slows. 16. Higher interest rates can reduce industrial demand for metals as manufacturing costs rise. 17. Home buyers are also deterred from buying property as their loan costs rise. 18. Higher interest rates should help reduce the trade deficit this year by reducing spending on imports, as borrowing costs rise. 19. Most are covered by former employers, but many companies are cutting back as prescription drug costs rise. 20. Sen. Tom Harkin, D-Iowa, said that under a variable loan rate, students would have seen their education costs rise by thousands of dollars. |