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Because the new inflation data reinforced that expectation, bond prices rallied and yields fell yesterday.
The data reinforced what many on Wall Street had already accepted as a given: the Federal Reserve will hold interest rates steady at its meeting that ends Wednesday.
McLaren added that the latest data reinforced the fact that this was "nearing the end of the North Sea as a source of revenue" for the government.
The euro rose as economic data reinforced the view that the euro zone was enjoying relatively robust growth, while the dollar was under pressure.
The commission found that "statistical data, reinforced by credible anecdotal evidence, point to the widespread denial of voting rights".
Wednesday's consumer price data reinforced the view that inflation will not reach the Fed's 2 percent threshold soon.
Similar(18)
[C3.] BUSINESSES ARE PAYING MORE The Labor Department reported an increase in producer price data, reinforcing fears that inflation is rising.
But every day's economic data reinforces the fact that the city's needs are enormous and immediate.
Chris Williamson, chief economist at Markit, says the data reinforce expectations that the UK economy made a good start to the third quarter.
"These data reinforce the fact that the recurrence rate is reduced for the whole of the first decade," she said.
The data "reinforces the ominous tone on Wall Street, along with the fears we have about Europe".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com