And some analysts had even expected the central bank to raise rates this year to offset the inflationary impact of the latest pay round.

The economists say some governments did not act strongly enough to stop the inflationary impact of oil price hikes.

But their inflationary impact on the American economy is likely to be relatively small.

There has been a lot of money created over the last two years and ultimately you are going to get some inflationary impact.

The Fed also played down worries about the inflationary impact of higher oil prices, which policy makers view as essentially a one-time event.

He also says high oil prices are going to have enough of an inflationary impact to push interest rates higher, another negative for stocks.

The inflationary impact of rising oil prices is the primary reason for the strategy shift.

This would, of course, have an inflationary impact.

Concerns about the possibly inflationary impact of lending created the first finance companies in Australia.

The central bank has been raising interest rates to fight the inflationary impact of German unification.