| 06.09.2007 Other Voices: Is U.S. inflation really subsiding? Fundamental changes in commodities dynamics should give Fed second thoughts |
| By Charles Gradante, Hennessee Group: Is inflation really subsiding? The Federal Reserve maintains that it is, but a visit to the supermarket, gas station or restaurant tells another story. The cost of living is anything but subsiding. Food inflation is rising at the fastest pace in 17 years, oil is over $75 per barrel, and gasoline prices are near all-time highs. Clearly there is a growing discon |