81.   Moderate economic growth without accelerating inflation helps the dollar because inflation erodes the value of fixed-income assets denominated in that currency.

82.   Moderate growth and low inflation through the past year lulled many investors into assuming the Fed would leave rates steady to avoid derailing the healthy economy.

83.   Moderate growth makes another rate increase less likely.

84.   New York metropolitan area stocks rose to their second record in three days as Xerox Corp. and Avon Corp. gained on optimism that moderate growth will boost profits.

85.   Nevertheless, even if the housing market continues to decelerate, many economists think the economy will sustain its moderate growth and low inflation through the next year.

86.   My goal is moderate growth with relatively small risk.

87.   Oberhelman said he expects growth in China, Southeast Asia, the former Soviet Union and moderate growth in its historic strongholds in western Europe and North America.

88.   One such piece of evidence came Wednesday when the Federal Reserve issued its so-called beige-book report showing moderate growth in the economy during the last two months.

89.   Optimism that the economy will continue to register moderate growth and avoid sliding into recession lifted so-called cyclical stocks, whose business benefits most from economic expansion.

90.   Others expect more moderate growth, but add their forecasts could improve if current trends continue.