1. Business needs sustained and balanced growth, stable exchange rates, steady and competitive interest rates and low inflation. 2. But the fundamentals of low inflation and low growth failed to assuage the bond Market yesterday. 3. Choosing between low inflation and lower interest rates will go on being tough. 4. France had achieved low inflation and steady growth. 5. Low inflation that keeps house prices from appreciating and high interest rates were blamed. 6. Low inflation, competitive pressure and a continued focus on fiscal austerity depress projected raises, Hewitt says. 7. The Prime Minister A commitment to pensions means nothing if it is not matched by a commitment to low inflation. 8. The result was low inflation, job creation that was the envy of the developed world, and general prosperity. 9. This aided the operation of the fixed exchange rate system and helped to maintain a low inflation rate in the international economy. |