41. Further, weekly wages for workers in the centralized wage system were unchanged in November, alleviating concern that wages could fuel inflation. 42. German bonds were little changed as traders saw no danger the economy will accelerate and fuel inflation. 43. Greenspan told the committee Wednesday that a weak dollar could fuel inflation in the United States. 44. He cited the likelihood that tight labor markets could eventually lead to wage increases that fuel inflation. 45. He is already under pressure to increase public spending, but it is hard to see how doing so in any significant way will not fuel inflation. 46. He dismissed fears that a cut would fuel inflation, saying the central bank would continue to regulate money supply through the state credit plan. 47. He said that demand had fueled inflation that could have been avoided under the policy Duhalde preferred of a fixed exchange rate. 48. High growth tends to fuel inflation. 49. If the weak euro does indeed fuel inflation, its credibility and value in world markets will slip further. 50. In an effort to curb credit growth, which fuels inflation, the central bank last year raised commercial bank reserve requirements and began holding weekly bond auctions. |