1. Sluggish economic growth means interest rates will stay low amid tepid demand for loans and a reduced risk of accelerating inflation. 2. In this way the process of accelerating inflation gathers momentum. 3. Admittedly we also noted how hollow this observation rang in view of the fact that expansionary policies would entail accelerating inflation. 4. The difficulties raised by full employment manifested themselves most obviously in accelerating inflation. 5. Although slower growth is generally positive for bonds, because it reduces the likelihood of accelerating inflation, it also can raise concern government revenues will fall. 6. An employment report released Friday showed the U.S. economy was growing without accelerating inflation. 7. An additional drop in the U.S. unemployment rate would increase the risk of accelerating inflation, Federal Reserve Board Gov. Laurence Meyer said today. 8. And a separate report today showed business activity in the New York City area gained momentum in December while the threat of accelerating inflation increased. 9. And little sign of accelerating inflation should boost bonds because inflation erodes the value of fixed-income assets, such as bonds. 10. As a result, the Riksbank said it would have to tighten monetary policy in order to avert the danger of accelerating inflation. |