31. The data reinforced the expectation that the Federal Reserve will raise interest rates again soon. 32. The decline reinforced expectations the economy is slowing enough to check inflation, which eats into the value of bond investments. 33. The dollar rose against the deutsche mark after German unemployment rose to the highest since World War II in January, reinforcing expectations interest rates there will stay low. 34. The dollar gained against most major currencies as a manufacturing report reinforced expectations for steady interest rates, sparking a rally in U.S. stocks and bonds. 35. The employment report reinforced expectations for steady growth and subdued inflation -- and quashed lingering speculation the Federal Reserve might soon raise interest rates. 36. The dollar rose against the mark and most European currencies after reports of falling prices and business confidence in Germany reinforced expectations that interest rates there are on hold. 37. The expectations were reinforced yesterday, when the Japanese government reported industrial production unexpectedly fell in April. 38. The news reinforced expectations that Fed officials can hold off on raising interest rates, as the economy shows no sign of overheating. 39. The news reinforced expectations that Federal Reserve officials can refrain from raising interest rates anytime soon, as the economy shows no sign of overheating. 40. The news reinforced expectations that Federal Reserve officials can refrain from raising interest rates, as the economy shows no sign of overheating. |
|