But the evidence strongly suggests that inflation will rise from the low levels of the past year or two, jumping by a percentage point or more enough for the Fed to continue a higher-rate policy for the foreseeable future.
This may signal that the Government's high interest rate policy is taking hold, which would probably help its fight to reduce inflation, especially by holding down wage increases.
The widespread rioting and arson that Prime Minister Margaret Thatcher has faced in recent weeks in Britain clearly underlies the anxiety over a tight money and high interest rate policy being forced upon other countries by the United States.
Mr. Lazar's view, one that is shared by the Orban camp, is that Mr. Simor's high interest rate policy is primarily to blame for Hungary's current economic woes.
The increase was the largest in 25 months and higher than the rate policy makers in Beijing are comfortable with.
A.I.G.'s earnings from general insurance rose 3percentto to $909.4 million, helped by higher rates on policies, which had declined in a decade-long price war.
The Rangers would need to renew his policy -- possibly at a higher rate -- after the first policy expires.
This high-interest-rate policy increased payments third-world countries owed on their enormous debt to commercial banks.
Instead, economists like Mr. Fitoussi and Mr. Petit argue that the high-interest-rate policy of the European Central Bank has been a major cause of slow growth and unemployment.
In effect, it has forced Europe to match the high-interest-rate policy of Germany, even though the Government in Britain, where the economy is in a recession, and the Governments in France and Italy, where the economies are slowing down, would like to cut rates to lessen the economic damage.
In an era in which state budgets across the United States have been strained by high incarceration rates, policy makers have grown increasingly receptive to the utilization of substance abuse treatment as an alternative to incarceration (ATI) for drug-using individuals charged with certain drug offenses.
