21.   Greater-than-expected growth would show the U.S. economy may be heating up fast enough to spark greater inflation, which could lead to higher interest rates.

22.   He has also resisted pressure from exporters and the government to weaken the peso, saying he fears that would spark greater inflation.

23.   He likes markets in Thailand and Malaysia, which sank after their economies grew too fast, sparking inflation.

24.   If the economy is growing quickly and seems likely to spark inflation, the Fed probably will raise interest rates to cool the economy.

25.   If that information shows the labor market is continuing to tighten, that could indicate pressure on employers to raise wages, which could then spark more inflation.

26.   In testimony to the House Budget Committee, Greenspan said the economy may be unable to keep growing at its current pace without sparking inflation.

27.   In October, Fed chairman Alan Greenspan hinted strongly that he thought the US economy was growing so fast that it would spark inflation.

28.   In other words, they are concerned that rising wages would spark inflation.

29.   In the next few months, stocks will begin to falter as growth threatens to spark inflation, putting pressure on the Federal Reserve to raise interest rates.

30.   Indeed, Phillips said increases in U.S. productivity have helped prevent rising wages from sparking higher inflation.