91. Federal Reserve policymakers -- convinced robust U.S. economic growth will translate into higher inflation -- raised the overnight bank lending rate a quarter point today. 92. For the moment, though, some investors appear to cling to the old view that stronger growth inevitably leads to higher inflation. 93. For Canada, that problem was magnified by investors speculating U.S. central bank rates soon will climb to fend off higher inflation. 94. French bonds and the franc fell during the speech, as the minimum wage increase was seen portending higher inflation rates. 95. George, speaking before the Treasury Select Committee this morning said evidence of gathering strength in consumer demand would lead to higher inflation than the Treasury suggested. 96. German officials worry that France may push for a weak euro to boost exports -- even at the cost of higher inflation. 97. German bonds were little changed, paring earlier gains after U.S. Treasuries fell, amid optimism the recent turmoil in Asian economies has made higher inflation less probable. 98. Fraser signaled last month that such strong wages growth would put the central bank on a higher inflation alert. 99. French bonds and the franc fell during the speech, as the minimum wage increase was seen as portending higher inflation, analysts said. 100. Having a weaker currency, which is a form of monetary supply growth, often leads to higher inflation. |