1. Economic growth slowed down but did not stop, inflation remained in check and longterm interest rates dropped like a rock. 2. For investors, the realization that inflation remains missing in action is a positive. 3. Inflation remained high throughout this period. 4. Also supporting the dollar were reports on consumer prices and industrial production showing that the U.S. economy is growing while inflation remains in check. 5. Also giving the dollar a boost were reports on consumer prices and industrial production showing that the U.S. economy is growing while inflation remains in check. 6. Also, the Federal Reserve Bank of Philadelphia reported that regional manufacturing cooled in September as inflation remained tame. 7. Although inflation has remained modest so far this year, traders will scrutinize the report for signs it is heating up. 8. Although price inflation has remained persistently mild at both the retail and wholesale levels, most economists and other Fed watchers accept the official Fed explanation at face value. 9. Although the economy advanced, prices fell, suggesting inflation will remain subdued. 10. Although the labor market continues to show strength, inflation remains low. |