| 31. | That compares to an inflation-adjusted $ 245 in 1988.
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| 32. | Inflation does erode the future value of principal and interest payments.
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| 33. | Booming exports and the resulting inflow of cash is driving inflation.
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| 34. | So long as inflation stays low, bonds can climb further.
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| 35. | It may now have a clear inflation conscience to cut again.
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| 36. | Only when inflation is low does savings become a good investment,
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| 37. | "We've lost ground to inflation,"
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| 38. | Inflation erodes the value of fixed-income securities like bonds.
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| 39. | Our objective is very low inflation with maximum sustainable economic growth.
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| 40. | The Richmond Fed said manufacturers reported lower inflation as business sagged.
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