31.   While the German economy is picking up speed, growth remains weak and inflation low.

32.   With inflation low, Fed policymakers may be willing to wait for further evidence the economy is slowing, he suggested.

33.   With inflation low again, Americans must be retrained to cut their debt.

34.   With inflation low, the yields look quite nice.

35.   With inflation low, gold has lost its value as a traditional hedge against rising prices.

36.   With inflation low, investors have little incentive to buy gold, a traditional inflation-hedge.

37.   Zuleeg said he prefers longer-dated German bonds as he expects German joblessness to remain high and inflation low throughout next year.

38.   An orthodox faction favored high interest rates to attract dollars, keeping the real strong and inflation low.

39.   Balcerowicz argues his prime concern is to keep inflation low, which lower rates could jeopardize.

40.   Many central bankers regard that as heresy, saying their task is to keep prices steady and inflation low.