The panel also said the universities must control costs to the inflation rate or lower "through improved efficiency and productivity, " including the greater adoption of online education.
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If price rises outside the south-east were instead weighted by the lower values of properties in northern regions, overall inflation would be lower than the rate shown by the two lenders.
Assets in savings accounts may actually be losing value thanks to short-term interest rates that are actually lower than the inflation rate.
Well, if the set interest rates lower than the natural rate then they will have rising inflation and output which will mean an ever increasing natural rate and even faster inflation until eventually the economy moves into hyper-inflation and their control over the medium of exchange collapses.
This allows monetary policy to lower the unemployment rate while keeping inflation steady.
Slowing cost growth would lower the unemployment rate consistent with steady inflation by approximately one-quarter of a percentage point for a number of years.
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But the Fed is willing to put inflation-fighting on the back burner if it can lower the unemployment rate, which is unacceptably high at 9.1%.
Obviously, the lower capital gains rate as a substitute for inflation indexing cannot be applied to that case.
Moreover, a rising pound has fed directly into lower import prices and hence kept the inflation rate down cutting the rate by perhaps a percentage point, thinks David Mackie of J.
Most cities have pledged to lower home prices below the rate of wage inflation, but are still toying with whether or not to impose the 20% tax on second hand home purchases.
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The ONS figures showed that pay was still increasing at a lower rate than consumer prices inflation, which has held steady at 2.7% for the past three months.
The lack of inflation indexing is one argument for a lower rate of tax on long-term capital gains, but it is not entirely satisfactory.
The annual rate of inflation shows how much higher or lower prices are compared with the same month a year earlier.
Theory and practice both tell us that printing money cannot generate economic growth or lower the natural rate of unemployment, but it can cause inflation.
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Because all member states share the same nominal interest rate, slow-growing economies with lower inflation, such as Germany and Italy, have higher real interest rates than fast growers, such as Spain and Greece.
"November's lower than-expected inflation data keeps the door open for another interest rate cut early in 2008, " said Global Insight economist Howard Archer.
This 1.8% rise is slightly lower than the typical rise in earnings and the current rate of inflation, which represents the rising cost of living.
While Bernanke's rate cuts threaten to drive the dollar lower and hike inflation, it's more critical that he avoid the dangers to the economy from the credit-driven meltdown, says Jeffrey Rosensweig, an economist at Emory University.
At its last interest-rate-setting session the Fed reckoned the risks of lower inflation were slightly stronger.
Capital gains also aren't indexed for inflation, so a lower rate is intended to offset the effect of inflated gains.
Ticket prices will not rise by more than 1% above the rate of retail-price inflation (RPI), lower than the 3% plus inflation limit in place at the moment.
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With inflation at 6.5%, the real interest rate is much lower than at any other time in the past decade.
Most Britons, for instance, still have variable-rate mortgages, although the proportion with fixed-rate home loans is rising (thanks, in part, to lower inflation).
The figure is still above the ECB's target to keep inflation below 2%, but the lower-than-expected number could fuel calls for an interest rate cut next week.
All this to say, it was strange to see the government increase MA funding for 2012, albeit at a rate that is lower than that of health care inflation.
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