Few signs of higher inflation in 1995.

Plant Engineering, November, 1994

The Fed has moved aggressively to ensure that price pressures don't get out of hand and to dampen inflationary expectations on the part of the financial markets. Chairman Greenspan has indicated that he believes, in this realm of economic analysis, that expectations -- which have a way of becoming self-fulfilling -- are as important as the underlying "real" trends in prices and wages.

To the degree that expectations can be shaped by the real plans that companies have for price changes in the coming year, the results of the Cahners Economics latest special query to the Cahners Business Confidence Index panel should be encouraging. The 400 participating manufacturers were asked what price changes they anticipate making for their most popular products during 1995. ...

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