51. Accelerating inflation usually prompts the central bank to raise interest rates to slow the economy and reduce demand for goods and services. 52. All maturities rallied sharply on the producer price report, as the data eased investor concern about accelerating inflation. 53. But committee members were more inclined to raise the federal funds rate on overnight bank loans if needed to combat any signs of accelerating inflation. 54. But other analysts remain vigilant for signs of accelerating inflation, which erodes the value of fixed-income investments like bonds. 55. But signs of accelerating inflation were also seen in the report, and bond and stock prices fell sharply. 56. But other economists have argued that labor costs, while rising, have played no role so far in the gradually accelerating inflation rate. 57. China curbed accelerating inflation, in part by slashing investment in fixed assets such as plant and equipment. 58. Concern over accelerating inflation could lead monetary authorities to lift interest rates. 59. Concern over accelerating inflation has lead to upward revisions to U.K. interest rate expectations. 60. Declines in prices of computers, telecommunications terminals and fruits helped curb accelerating inflation. |