1.   Rising inflation could pose a major problem for the government.

2.   As recently as this past summer, many leading economists were still focusing on the risks posed by inflation.

3.   A trio of economic reports confirmed that growth is too slow for inflation to pose a problem, fuelling hopes central banks will trim interest rates further.

4.   Evidence that inflation indeed posed no concern came Friday, when separate reports on German import and producer prices were released.

5.   Irwin L. Kellner, chief economist for the Chase Regional Bank, said Friday that inflation posed little immediate threat.

6.   Rate reductions are still possible, economists said, if a slowdown in German money supply growth reassures the Bundesbank that inflation poses no future threat.

7.   Still, there are few signs inflation poses much of a threat.

8.   The Fed said it was able to make the move because inflation posed little threat of accelerating.

9.   The Fed said it was able to make the move because inflation posed little threat of picking up speed.

10.   The results marked the first increase in energy prices since May, but that reassured analysts that inflation posed little threat.