11. A weak euro can fan inflation by making it more expensive for Europeans to buy imports and raw materials such as oil. 12. But the ECB has cut rates only once, fearing that more rate cuts would only fan inflation in the region. 13. Opponents of the wage hike fear it could fan inflation. 14. This could cause further depreciation in the Taiwan dollar that could lead to oil and power price hikes, fan inflation and trigger an economic slump, he warned. |