In these circumstances, the probability that inflation will exceed the Bank's central-band forecast is greater than the probability that it will come in lower than the band.

ECONOMIST: A la mode | The

When a stock is closest to the monthly Starc- band, the probability is that those stocks are likely to stabilize or rally.

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This S-Band radar provided real-time discrimination and classification of the target, information that considerably enhances the probability of intercept.

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We think recent developments are consistent with a low recession probability, say 20% through September 2008 as discussed in "Extra Rate Cut A Big Deal, Not A Band-Aid" on Sept. 19.

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