21. China curbed accelerating inflation, in part by slashing investment in fixed assets such as plant and equipment. 22. Clarke repeated comments made after the March meeting that he would be prepared to raise interest rates later this year if it is needed to curb inflation. 23. Concern the Fed may raise interest rates to curb inflation has weighed on Argentine stocks since mid-February. 24. Critics of the central bank have said that the institution is only interested in curbing inflation, even if it means sending thousands of workers to the streets. 25. Declines in prices of computers, telecommunications terminals and fruits helped curb accelerating inflation. 26. European central bankers this week said the recent surge in the value of the euro had helped curb inflation by reducing the price of imports into the euro zone. 27. Even so, many analysts expect slower growth in Asia to lessen demand for U.S. exports in the coming year, curbing inflation. 28. Fed policy-makers said Tuesday that they were leaning toward raising rates to slow economic growth and curb inflation. 29. Finance Minister Rodrigo Rato said the budget will promote economic growth, curb inflation and lead to lower interest rates. 30. Fazio praised the results Italy achieved in curbing inflation and improving the state accounts. |