1. But he did not propose immediate action, such as a hike in interest rates to cool the markets. 2. Higher interest rates and investor concern that corporate earnings growth might slow cooled the market for initial public offerings. 3. Ironically, the declines of recent months resulted from Beijing policies that worked too well in cooling the markets. 4. Now, they too are calling for measures to cool the market. 5. Still, higher interest rates and investor concern that corporate earnings growth might slow helped cool the market for initial public sales. 6. The Asian crisis certainly cooled the market for issues from emerging economies. 7. United Overseas Land develops commercial and retail property, areas less hurt by government measures to cool the market. 8. Greenspan was concerned that stocks were overvalued, which led to previous speculation that the Fed might raise interest rates to cool the market. 9. Regulators are obliged to rely on strongly worded circulars and commentaries to try and cool overheated markets. 10. Dealers said properties would likely remain depressed as the measures introduced by the government to cool the market were taking effect with fewer property transactions seen. |