1. But a few other economists warned that wage increases and other pressures could start to rekindle inflation this year, should the Fed continue to lower interest rates. 2. Businesses are running at the kind of flat-out pace that usually rekindles inflation, but there are no signs of rising prices. 3. But the pace of job creation was a little too robust for the bond market, which fears that bouyant growth will rekindle inflation. 4. German bonds held up better than U.S. bonds, which fell after a report of stronger consumer confidence raised concern that higher retail spending will rekindle inflation. 5. He suggested that the Fed is again concerned that stronger-than-expected growth could rekindle inflation if the economy did not slow on its own. 6. However, a separate report showing unexpected strength in the job market sparked concerns that a resurgent economy could rekindle inflation. 7. If that pattern shows up in the rest of the country, the Federal Reserve might not lower interest rates out of concern it could rekindle inflation. 8. Inflation would be rekindled by a devaluation since the price of imports would rise, the government argues. 9. Still, a separate report showing unexpected strength in the job market sparked concerns that a resurging economy could rekindle inflation in coming months. 10. Still, a separate report showing unexpected strength in the job market sparked concerns that a rebounding economy could rekindle inflation in coming months. |