31. Gilts pared gains earlier after a Bank of England inflation report was seen as reducing the likelihood that official interest rates have further to fall. 32. Greenspan did not signal any concern about recent inflation reports suggesting that price increases were picking up even as the economy is slowing down. 33. Gilts were also boosted by a stronger bund market, which rose following a weaker-than-expected German June inflation report. 34. If the retail price inflation report comes in weaker- than-expected, calls for lower interest rates should mount, traders said. 35. In addition to the French economic report, traders will also scan German money supply and inflation reports due early next week. 36. In his interview with Nihon Keizai Shimbun, Tietmeyer said that the Bundesbank takes money supply and inflation reports into account when setting monetary policy. 37. In its August inflation report, the central bank said it would wait until it saw more economic bulletins before changing rates again. 38. In the broader market, U.S. stocks fell today as an inflation report deepened concern that higher interest rates will hurt company profits in coming months. 39. In the current climate, government inflation reports due out this Thursday and Friday will get more scrutiny than usual, say analysts. 40. Insee rarely revises its inflation reports. |
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