Sentence examples for raise official from inspiring English sources

The E.C.B. watches credit growth closely in setting monetary policy, and the new data supports expectations that the bank will not raise official interest rates until next year.

Iran, which holds the revolving OPEC presidency this year, blocked Saudi efforts at the group's meeting in Vienna to raise official production quotas.

And after the Iranians stymied Saudi efforts at OPEC's June meeting to raise official production quotas, Saudi Arabia raised its oil production from 9.3 million barrels a day to 10 million barrels a day anyway.

That has pumped up asset prices, and leads many to fret that dangerously higher consumer-price inflation will eventually appear too.One response might be to raise official inflation targets, say from 2% to 4%.

That means that, for now, the deal is unlikely to increase the already worrisome inflation rate, or the pressure on the European Central Bank to raise official interest rates.

They said the report would play little part in the meeting Tuesday when Federal Reserve policy makers are widely expected to raise official interest rate targets again in an effort to curb booming consumer demand.

Raising official inflation-rate targets, they say, would destroy years of hard-won credibility.

"It's all-out war," said a senior Democratic fund-raising official.

Raising official interest rates sufficiently to prick what may or may not be one could itself trigger a deep recession.

But most analysts do not expect the bank to begin raising official interest rates until late 2010 or even 2011.

If inflation is less of a worry, the European Central Bank will not feel as compelled to continue raising official interest rates.