The higher prices of food and energy depress real incomes further.

If they do, the sale of foreclosed properties will continue to depress house prices, reducing household wealth and hurting financial institutions.

True, farm support policies in rich countries tend to depress world prices, along with the incomes of agricultural producers in developing countries.

Governments lack both the means and motivation, owing to their inability to recoup costs from poor villagers, often because subsidized electricity prices depress revenues.

The default threat was a way to depress bond prices in secondary markets, only to buy them back at a discount through the back door.

Decreased rates of household formation young Americans, for example, are increasingly moving back in with their parents depress housing prices, leading to still more foreclosures.

Here, unfair trade agreements including the persistence of unjustifiable agricultural subsidies, which depress the prices upon which the income of many of the poorest depend have played a role.

As a result, cotton subsidies, which depress prices and displace African exports, would be sharply curtailed, and cotton exports from poor countries would receive duty free, quota free treatment in rich country markets.

Absent private spending, budget cuts will only depress tax revenues, requiring additional budget cuts, without end.

Be also claimed that Microsoft acted to artificially depress Be Inc.'s initial public offering (IPO).

There are, of course, serious downside risks to this forecast, especially if the fiscal deficit remains high or adverse tax policies depress the rise in productivity.

Until that investment shortfall is made up, the missing capital will serve to depress the level of real GDP in the US by two full percentage points.

A competitive dollar abroad means that other countries should not implement policies that artificially depress the value of their currencies in order to promote exports and deter imports.

Prices

Food prices are soaring. Oil prices are at historic highs.

Housing prices peaked in 2006, and equity prices peaked in 2007.

Shortages of natural gas increased fertilizer prices, pushing up food prices.

These may be either the best country prices or perhaps even international prices, but they are not local farm gate prices.

As a result, the cost of capital in the US will soar, discouraging investment and reducing consumption spending as high interest rates depress the value of households principal assets their houses.

After all, the loss of competitiveness that led to large external deficits remains largely unaddressed, while adverse demographic trends, weak productivity gains, and slow implementation of structural reforms depress potential growth.

High oil prices fuel public discussion about the future of oil prices.

But, whereas metal prices have fallen, oil prices are reaching record highs.

The prices of traded mortgage backed securities have followed house prices down.

Prices are high.

Prices went up.

Getting Prices Right

Prices 18 20

a 2002 prices.

In the recent past, the prices of these products have increased faster than steel prices.

Oil prices rose throughout 2004, with accelerating fluctuation as prices peaked in August and October.

Prices have dropped recently.

Consequently, oil prices increase.

Commodity prices fell, too.

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(Actual outlays, current prices)