51. Rising production amid tame inflation has allowed U.S. central bankers to leave interest rates alone at their last six policy meetings. 52. Signs abound of both slower growth and tame inflation. 53. Since the current Welfare-led coalition government came to power in July, it has tried to reduce borrowing costs to close the budget gap and tame inflation. 54. Signs of tame inflation fueled expectations for low interest rates and rising profits. 55. Still, that growth has emerged amid tame inflation. 56. Stocks rose yesterday as reports of tame inflation drove bond yields lower, helping interest-rate-sensitive bank shares gain. 57. Tame inflation keeps interest rates low and increases the value of the bonds held by banks. 58. Tame inflation and slow growth appeared to leave the door open for a cut in rates. 59. Tame inflation is good for bonds because rising prices erode the value of their fixed payments. 60. Tame inflation has been the silver lining of the recent slowdown. |