Can You Say Inflation?
The Labor Department says gasoline prices and clothing costs leaped the most in nearly two decades in February, driving a rise in consumer inflation of 0.4 percent in February. Core inflation, which excludes food and energy, rose 0.2 percent in February, slightly higher than the 0.1 percent rise economists expected. Can anyone guess what it's called when interest rates stay low while prices go up?
posted by Unknown | 10:25 AM
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