71. Palm said the impact on profit margins is tempered, however, by relief on the cost side in the form of cheaper import prices and lower domestic inflation. 72. Rojo is credited with driving inflation lower in Spain, helping the nation qualify for the euro. 73. Research in the magazine concludes reductions in budget deficits tend to create jobs, bolster economic growth and lower inflation and interest rates. 74. So far, Canada does have a lower inflation rate. 75. Stock investors watch inflation because lower inflation can prompt central banks to reduce interest rates. 76. Stocks rallied on expectations the peso would remain strong and a lower inflation rate would cause interest rates to decline. 77. Still, Poland is expecting lower inflation throughout the summer and a tight budget deficit next year. 78. Stocks benefited from the outlook for lower interest rates and a lower inflation rate. 79. That means lower inflation for us, and bigger risks for investors in Asia. 80. The central bank is expected to cut interest rates in the coming months after recent reports of lower inflation, Sabag said. |