Inflation: a moral problem
Acton Institute
by Samuel Gregg
11/01/06
Last week, the U.S. Federal Reserve decided to maintain short-term interest rates at 5.25 percent for its third consecutive meeting. Despite an apparently cooling U.S. economy, the Fed clearly remains concerned about inflationary pressures. What the Fed calls 'core inflation' -- which excludes goods with volatile prices such as energy -- has risen since February from 2.1 percent to 2.9 percent. This is its highest level in a decade...
http://tinyurl.com/y7gdxb
Informant: Thomas L. Knapp
by Samuel Gregg
11/01/06
Last week, the U.S. Federal Reserve decided to maintain short-term interest rates at 5.25 percent for its third consecutive meeting. Despite an apparently cooling U.S. economy, the Fed clearly remains concerned about inflationary pressures. What the Fed calls 'core inflation' -- which excludes goods with volatile prices such as energy -- has risen since February from 2.1 percent to 2.9 percent. This is its highest level in a decade...
http://tinyurl.com/y7gdxb
Informant: Thomas L. Knapp
rudkla - 2. Nov, 17:54
