Consumer Prices Could be Hot
March 10, 2008
With consumer prices due out on Friday. This table could of food prices from the Boston Globe is particularly interesting. I expect CPI to be hot. Even if its not, it will be only a matter of time before they take off. Over the past month, rice prices have hit a 20 year high, while wheat and corn prices hit record highs
Click more for additional price comparisons
Posted in Inflation
content rss
March 13th, 2008 at 1:06 pm
[...] though tomorrow’s consumer price report could cbe hot, that will not prevent the Federal Reserve from cutting interest rates by at least another 150 to [...]