21. Slowing inflation increases the value of interest and principal payments. 22. Slowing inflation gave the central bank room to ease credit, economists said. 23. Slowing inflation reduces pressure on the central bank to raise interest rates. 24. Slowing inflation would allow the Bangko Sentral ng Pilipinas to loosen credit, reducing the borrowing costs of companies and fattening profits. 25. Slowing inflation certainly helps. 26. Slowing inflation gave a boost to shares of some food and retail stocks on optimism it will cut manufacturing costs and fuel consumer spending. 27. Slowing inflation in April has helped allay concern the Bundesbank is pondering a rate increase. 28. Slowing inflation in the first half of the year permitted the Bank of Spain to cut its benchmark interest rate four times from January to May. 29. Slowing German inflation and scaled-back economic forecasts had stoked speculation a rate cut was imminent. 30. Speculation that another discount-rate cut is in the cards has gained momentum from slowing inflation and downgraded economic-growth forecasts. |