1.   And key industrial commodity prices have fallen in the past month, suggesting inflation remains subdued.

2.   Banks extended their gains from yesterday, when a British wholesale report showed inflation remains subdued.

3.   A higher currency can slow the economy, taking pressure off Clarke to raise rates to curb inflation remains subdued.

4.   Evidence that inflation remains subdued raises the likelihood the Bundesbank will trim the discount rate by at least a quarter of a point, traders said.

5.   Inflation remains subdued in part because of corporate efforts to improve efficiency and increase the productivity of workers and factories.

6.   Long bonds, meanwhile, benefited from expectations that slower growth, both here and in the U.S., would ensure inflation remains subdued.

7.   More recent statistics released yesterday suggest manufacturing activity remains subdued in May.

8.   On Wednesday, a second inflation report for February -- the consumer price index -- is expected to reaffirm that inflation remains subdued.

9.   Reports in Switzerland, Italy and France supported the notion that economic growth remains subdued across the continent, giving central banks scope to trim interest rates further.

10.   The rate increase took many analysts by surprise, since German inflation remains subdued and growth is still largely driven by exports.