1. But real interest rates stayed high. 2. Although military forces have been cut by a third or more since the Cold War ended a decade ago, the defense budget has stayed stubbornly high. 3. An important part of the explanation, as he noted, is that while the Fed has reduced short-term rates, long-term rates have stayed stubbornly high. 4. And Baker said he believed that if the agencies remained well managed, their ratings would stay high. 5. Analysts said the slumping peso will cause interest rates to stay high in the coming months, leading to slower growth and dampened demand for property. 6. Argentina is rapidly modernizing its industrial plant, which is boosting productivity but causing unemployment to stay high, he said. 7. As a result, prices can stay high for far longer than is necessary to signal the marketplace that a new supply is needed. 8. As a result, oil prices could stay relatively high far longer than most experts anticipate. 9. At that time, the oil industry was flush with cash and convinced that oil prices would stay high for years. 10. Bank stocks swelled as stable interest rates suggested profits from trading and demand for loans will stay high. |