Business and Finance
THE GROUP OF SEVEN reaffirmed its dollar-stabilization accord, but in such vague terms that the market may become more volatile as traders try to push the dollar higher. U.S. officials tried to damp such speculation, insisting the seven big industrial powers want to keep the dollar in the same trading range.</br></br>Argentina bypassed the IMF and announced an economic reform program aided by a $1.25 billion World Bank loan. The move comes amid a dispute between the U.S. and the IMF's managing director over how to handle the world debt problem.</br></br>---</br></br>Interest rates are expected to rise in the next few months because the economy is still growing vigorously, a Wall Street Journal survey of economists says. Several Fed members leaned toward tighter credit at the August policy meeting.</br></br>Durable goods orders surged 6% in August, mainly due to a rebound in the volatile transportation sector. Orders slid a revised 7.4% in July.