111.   Economists said the Fed has a lot of flexibility in cutting rates because inflation remains tame, except for a burst of higher energy prices.

112.   Economists said the Fed has a lot of flexibility in cutting rates now because inflation remains tame, except for a burst of higher energy prices.

113.   Governments have had varying success at cutting smoking rates by imposing high tobacco taxes, advertising bans and other steps.

114.   In the wake of the New York attacks, some economists had predicted that the ECB might join with the Fed in cutting rates.

115.   It has been the only major central bank to resist cutting rates this year amid the gathering slowdown.

116.   So, cutting SBI rates alone would not bring down overall rates.

117.   Sohn said Greenspan needs to pleasantly surprise investors by cutting rates by three-quarters of a point or more.

118.   So far, the ECB has resisted cutting rates because the European economy has remained strong, despite the economic woes of United States and Japan.

119.   The Bundesbank central council will debate cutting rates at the meeting, though it is not expected to cut rates.

120.   That means less emphasis on cutting rates, which stimulate the economy but can lead to higher prices.