1.   All four Fed officials defended their decisions to raise the overnight bank rate in the past, even when signs of rising inflation were few or non-existent.

2.   Others said slowly rising inflation, could make corporate profit growth more difficult.

3.   Prices of Treasury securities rose modestly Friday, after the employment report suggested there was still weakness in the economy, easing fears of rapid growth and rising inflation.

4.   Prices of Treasury securities rose modestly, after the employment report suggested there was still weakness in the economy, easing fears of rapid growth and rising inflation.

5.   The torpedo in this chain of events would be rising inflation, compounded by the end of mortgage refinancing and the absence of additional tax rebates.

6.   They had been closely watching the Federal Reserve Board and the economic statistics for any sign kf rising inflation and of a Fed inclination to raise interest rates.

7.   Economists have feared that the economy, facing a widening current-account deficit and rising inflation, risks overheating.

8.   In the process, they shrugged off worries about a potential debt crisis in Argentina and, in Brazil, rising inflation and slowing economic growth.

9.   Rising inflation, lower consumption, some corporate failures and even retrenchments by firms.

10.   The government also hopes to tame rising inflation by reducing local demand.