| However, it would also add to the inflationary pressures discussed below, by raising the cost of our imports. |
| We do not believe the global economy will experience a severe downturn, nor do we foresee a major inflationary threat. |
| Monetary policy will respond to the economic growth rate and inflationary pressures in the euro area as a whole. |
| There are always inflationary and deflationary spots in an economy at the same time. |
| All the same, the article captured the essence of the new strains of unfolding inflationary pressures now taking hold. |
| But the Fed hinting that it will print enough money to get us through the period is a very inflationary concern. |
