Not exact matches
The Federal Reserve has been signaling that, with the economy improving, it could start raising rates to
keep inflation in check, perhaps
as soon
as next month.
Those concerns triggered a bout of financial market turmoil,
as investors feared higher interest rates were coming to
keep inflation in check.
We believe this has been a critical factor behind the multi-decade drop
in global yields, beyond the more familiar decline
in potential growth
as societies age, productivity softens and central bank
inflation targeting
keeps price volatility
in check.
Associates of Summers say he would bring a similar perspective to the Fed, following the path set by Bernanke
in emphasizing the need to
keep unemployment low,
as long
as inflation remains
in check.
The U.S. Treasuries yield curve flattened
as the GDP data renewed bets that the Federal Reserve would continue hiking rates to
keep inflation in check.
Management cited inflating labor costs and an expected 1 %
inflation in the cost of food
as headwinds, but costs were
kept in check despite those challenges.
As a result,
inflation needed to be
kept «
in check» and the only way to accomplish this would be to increase interest rates.
«So
as long
as inflation can be
kept in check — and business and consumer confidence restored — look for a slow return to normalcy
in the months ahead.»