71. Some investors say current prices on bonds already reflect expectations for subdued inflation and steady Federal Reserve interest-rate policy. 72. Steady growth with subdued inflation means global investors are likely to remain attracted to U.S. financial assets and the dollars needed to pay for them. 73. Subdued inflation and lower interest rates over the past six months have helped stimulate the economy, the central bank said in its bi-annual monetary policy report. 74. Subdued inflation has allowed the Fed to hold official interest rates steady for more than a year. 75. Subdued inflation levels on the mainland this year had clearly helped to keep prices in Hong Kong down, he said. 76. Subdued inflation, soaring U.S. and European stock markets and a mounting preference for the safety of the dollar in times of crisis are luring investors from gold. 77. Subdued German inflation would typically support the dollar, since lower German rates make the mark less attractive. 78. Subdued inflation has allowed the Fed to hold steady its target for overnight loans between banks for more than a year. 79. Subdued inflation has meant long and short-term interest rates declined steeply last year. 80. Subdued inflation is the result of reforms that have opened the economy to more foreign investment and increased competition, analysts said. |