21. Evidence of slower growth lowers expectations that the Bank of Canada will have to raise rates to cool the economy. 22. Faster growth would encourage the Fed to cool the economy by driving bank rates higher, which in turn would buoy mortgage and other loan rates. 23. For about a year and a half before that, the central bank raised rates seven times in an effort to cool the economy and control inflation. 24. Frenkel has kept rates high to cool the economy and check inflation. 25. Frenkel is seen as a hawk on inflation, using higher rates to cool the economy if growth begins to push up prices. 26. Her remarks bolstered concern that the Fed could raise bank lending rates to cool the economy as early as next month. 27. Higher inflation tends to prompt central banks to raise rates to cool the economy. 28. Higher rates would cool the economy and keep inflation in check. 29. If imports continue to outpace exports, the central bank could reverse itself and raise interest rates to cool the economy, analysts said. 30. If the economy is growing quickly and seems likely to spark inflation, the Fed probably will raise interest rates to cool the economy. |