1. Some lawmakers want to repeal that measure and order the Fed to focus solely on fighting inflation. 2. The primary task of monetary policy is to fight inflation, keeping it to an acceptable level. 3. An increase would have been the sixth of this year as the Fed sought to fight future inflation by slowing economic growth. 4. An interest rate rise would help fight German inflation by luring global investors to the mark, giving it a boost. 5. And he counseled a hands-off approach toward the Federal Reserve, giving Greenspan full room to fight inflation. 6. Another hero has been Alan Greenspan, who succeeded Volcker and has fought inflation as tenaciously as his predecessor. 7. Bondholders prefer the Fed to focus solely on fighting inflation, rather than on creating jobs at the risk of accelerating price increases. 8. Both are strong advocates of conservative monetary policy who put overwhelming emphasis on fighting inflation rather than on promoting job growth. 9. A free hand to set interest rates enables a central bank to fight inflation by taking the politically unpopular step of raising short-term interest rates. 10. A stronger mark helps fight inflation by reducing the price of imports. |