21. Labor groups also were demanding a clear initiative from the government to stem soaring inflation. 22. Market analysts are somewhat divided about whether the central bank will raise interest rates as an attempt to stem inflation. 23. Rabin, who earlier this year pledged never to tax the stock market, changed his mind four months ago, arguing a stock tax would help stem inflation. 24. The board is a panel that would tie local money supply to foreign exchange reserves through a fixed exchange rate and cut unaffordable public spending to stem inflation. 25. The Fed increased rates in June and August in an effort to stem inflation caused by the strong economy. 26. They also complain that despite giving raises to nurses and teachers, he has done little to boost most salaries and stem inflation. 27. He is also the first premier to enjoy some credibility with the public, having managed to an extent to stem rampant inflation. 28. His electoral program includes a proposal to stem inflation by setting up citizens commissions that would control prices. 29. Both parties are thus, in principle, stripped of the weapon of taxes to stem inflation. 30. The small climb in the Consumer Price Index was another indication that the Federal Reserve has been successful in slowing down the economy to stem inflation. |