Word: sluggishly
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Banished for nearly a decade, the scourge of stagflation, with its fast- rising prices and dismal economic growth, is threatening the U.S. again. Inflation fighters, chief among them Federal Reserve Chairman Alan Greenspan, had hoped that the current combination of relatively high interest rates and sluggish growth would dampen price increases. But the Labor Department said last week that consumer prices rose 0.5% in March, bringing the annual inflation rate in the first quarter to 8.5%, the fastest pace in nearly eight years. "What's so scary about the number is that it's going to take more pain...
...indications of the state's worsening budget crisis continue to flood the State House on an almost daily basis, state legislators say they are frustrated with the House leadership's sluggish pace in dealing with the problem...
...Halston's death was not unusual in the close-knit fashion industry. Broadway and Hollywood may have organized to combat the disease that is decimating their ranks, but the couture business -- increasingly nervous about its image with consumers and investors, and struggling to find a new direction in a sluggish retail market -- remains nearly silent about the disease that is carrying off some of its most famous names in their creative prime...
...only three months ago. The forces of dissent have multiplied rapidly, fed by popular discontent over economic stagnation, communist autocracy and domination by Moscow. Recently, the government of President Jambyn Batmonh has loosened up, allowing joint ventures with Western companies, for example. But the pace of change was too sluggish for the regime's critics, whose demonstrations brought thousands into the streets...
...sell several hundred billion dollars' worth of real estate hangs over the market, depressing prices and even harming the loan portfolios of the remaining 2,600 S&Ls. And since the Government is counting on proceeds from the property sales to offset some of the costs of the bailout, sluggish disposal of the real estate could help push the total cost of the rescue to more than $300 billion during the next 30 years. "The cost of carrying that stuff is going to kill you and me as taxpayers," says Richard Kneipper, a Dallas thrift lawyer...