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May 26, 2006
Inflation edges above Fed comfort zone
By Amanda Lang
The report from the Commerce Dept showed overall prices up a steep 0.5% and inflation once again eroding gains in personal income. But Feds and financial markets focus most heavily on core inflation readings. On that count, the latest report was mixed.
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The report from the Commerce Dept showed overall prices up a steep 0.5% and inflation once again eroding gains in personal income. But Feds and financial markets focus most heavily on core inflation readings. On that count, the latest report was mixed.OpedNews volunteer from 2005 to 2013.
Amanda Lang was a wonderful member of the Opednews team, and the first volunteer editor, for a good number of years being a senior editor. She passed away summer 2014.