11. But even signs of modest growth failed to dissipate the inflation fears that rattled the financial markets on Thursday. 12. But the signs of more modest growth failed to dissipate the fears of a rise in inflation that rattled the financial markets Thursday. 13. Citing retrenchment in the Internet industry that has wounded many of its clients, Yahoo forecast only modest growth this year. 14. Controlled inflation, modest economic growth and confidence over interest rates are boosting stocks, he said. 15. Construction companies, retail stores, restaurants, export-import businesses and communications enterprises all shed jobs, more than offsetting modest growth in the financial sector. 16. Economists are still trying to assess the impact more modest growth will have on the economy. 17. Estimates of modest growth are behind the change. 18. Even so, many investors are convinced modest growth and subdued inflation will continue, which may give a lift to bonds. 19. Financial markets reacted positively to more news of modest growth and little inflation pressure. 20. Howard and his Liberal Party have a successful economic record to run on, with low inflation, modest growth and a tolerable level of unemployment. |