21. And while cheap imports would keep inflation in check, they could hurt U.S. corporate results, especially if U.S. labor costs continue to rise. 22. Any signs that economic growth is slow enough to keep inflation in check should reduce any expectations that interest rates will soon rise. 23. Apparel and cars helped to keep inflation in check in January. 24. As Fed chairman, Greenspan has been credited with engineering the longest economic expansion in U.S. history and with keeping inflation in check. 25. As recently as last week, many investors reckoned the economy was growing slowly enough to keep inflation from accelerating. 26. As recently as a month ago, many investors predicted the Fed would have to boost borrowing rates to cool the economy and keep inflation from surging. 27. At best, the government could keep inflation at bay with Soviet-style shortages and rationing. 28. At the same time, the strong dollar will help keep inflation in check by keeping imports inexpensive. 29. Australian Treasurer Peter Costello also said wage restraint was the key to keeping inflation at its current low level. 30. Banking and utility shares declined after a report on manufacturing suggested the economy may not be slowing enough to keep inflation at bay. |