Others, however, still see the economy leaning toward strong growth, making another rate increase to stay ahead of future inflation more likely.
The operating report is watched as a barometer of future inflation.
Of course, no one knows the level of future inflation.
From then on, the program would continue to increase in line with future inflation.
The company estimates future inflation for this type of work to be 2.5% per year.
Growth in the money supply, a critical gauge of future inflation, is running at high levels, he said.
The operating rate is closely watched as a sign of possible future inflation.
The figure meant that despite higher interest rates, the housing market was red hot, probably indicative of future inflation.
Perhaps he has assumed, but not disclosed, some level of future inflation.
It would reduce the price of assets, and send a clear signal on future inflation.