1. And the resulting higher import prices will put upward pressure on inflation. 2. Most likely it was the continued upward pressure on the sterling exchange rate over the weekend. 3. Yet these upward pressures became irresistible in the period of the economic prosperity that followed the Second World War. 4. This in turn had exerted the upward pressure on bank interest rates which the government was now trying to counter. 5. If existing money circulates faster, there will be less shortage of money and less upward pressure on interest rates. 6. Similarly, at interest rates below Oi l, the excess demand for money exerts upward pressure on interest rates. 7. Although state aid absorbs most of the costs, the takeover puts constant upward pressure on property taxes without a tangible progress in classroom results. |
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