WASHINGTON -- A big drop in the government's wholesale price index for September yesterday put to rest worries that Federal Reserve officials will tighten credit again before the midterm elections.

Analysts said they are confident any increase in short-term interest rates will not come until the Nov. 15 meeting of the Federal Open Market Committee. Still, many economists continued to insist that inflationary pressures are in the pipeline and that Fed officials will raise rates to 5.25% from 4.75%.

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