1. The move was intended to bolster the strength of the deutschmark and to stem inflation. 2. The first was that the informal wages policy arranged by Bevin had been successful in stemming wartime inflation, and it was assumed this could be continued in peacetime. 3. As a result, the Federal Reserve will likely raise interest rates to stem inflation, Wien said. 4. Banks and retailers paced the decline, dragged down by concern interest rates will need to rise again soon to stem inflation. 5. Higher rates stem inflation and make fixed-income investments more attractive than equities. 6. Higher interest rates should stem inflation eroding the value of holding the precious metal. 7. Investors will be watching that number closely for clues as to whether the Federal Reserve will boost rates to stem inflation. 8. IRISH bonds slipped with Treasuries after a bigger-than-expected drop in U.S. jobless claims fueled concern the Federal Reserve may raise interest rates to stem inflation. 9. Investors will be watching the jobs report closely for clues as to whether the Federal Reserve will boost rates to stem inflation. 10. Moreover, the decline in stocks also makes it less likely that the Federal Reserve will raise short-term interest rates to stem inflation. |