1. But raising those rates is a very public -- and potentially very politically unpopular -- act. 2. I remember when sick pay and conditions were added and when, under the wages councils, wage rates were raised. 3. The rate has been raised quite high enough to deal with overheating in the domestic economy. 4. The state utilities commission gave the go-ahead for the water company to raise rates. 5. They are also planning to raise tax rates on higher incomes. 6. Viacom and other cable providers raise rates periodically throughout the year. 7. The budget also sharply raised rates of duty on alcohol and tobacco, and increased the price of petrol. 8. They would sell securities, thus lowering their prices and raising the rate of interest until it reached r e. 9. These open-market sales would lower the price of bonds and bills, and hence raise their rate of interest to match the rise in MLR. 10. As a result banks would tend to raise their rates in anticipation of a general rise in rates. |