Without such a coordinated rate policy, economists doubt that the dollar's rise can be contained.

Until now, Mr. George and his colleagues have advised the Treasury on rate policy.

Much of the decline, however, can be attributed to its new rate policies.

The Government's high interest rate policy has pushed thousands of our fellow citizens into bankruptcy and despair.

This may signal that the Government's high interest rate policy is taking hold, which would probably help its fight to reduce inflation, especially by holding down wage increases.

His navigation of rate policy, many economists agree, helped to foster the longest economic expansion in American history.

A World Bank official reported that the government had made considerable progress in monetary and exchange rate policies.

This sector has been particularly affected by the Fed's high-interest rate policies, since many of its products are purchased with loans.

He added that the Fed's current interest rate policy "is likely to foster sustainable economic growth and a gradual ebbing of core inflation."

The central bank was due to announce the bank's rate policy on Friday after its policy board meeting.