However, the bank is expected to further raise interest rates from their current peg of 8percentt.
The development of COX-2-specific inhibitors, like celecoxib and rofecoxib, drugs that maintain their anti-inflammatory properties while preserving the biosynthesis of protective prostaglandins, further raised interest in this field.
Inflation could also spur central banks to further raise interest rates.
On Wednesday, the Fed's chair Jerome Powell surprised the market with a more cautious message, saying the central bank was in no hurry to further raise interest rates and emphasising greater risks to the economic outlook.
Commenter jeevmon (seconded by several others) reacts to my 1937 in Europe post with a summary of the plan: 1. Slash government spending in a depressed economy; 2. Reduce demand further by raising interest rates; 3. ????? 4. Recovery!
THE low crop prices that distress farmers, of course, also save money for consumers, and help the Federal Reserve keep overall inflation at bay without raising interest rates further.
Industrial production in Germany, Europe's largest economy, rose the most in almost three years in August, reinforcing the European Central Bank's case for raising interest rates further.
Greenspan is well aware that another stock-market crash is a real possibility, but that threat probably won't deter him from raising interest rates further if he believes it is necessary.
Those factors could lead to potential "significant risks" to financial and macroeconomic stability in China, the fund said, and it urged Beijing to address the challenges by raising interest rates further and allowing the renminbi to strengthen.
Now the Fed appears to have validated my error by not raising interest rates further when it met in late May.
