Greenspan Isn't Worried -- Yet
Suddenly, prices seem to be popping up everywhere. Whether for coffee, lumber, paper towels, or tickets to Disneyland, companies are finding that the booming economy is giving them leeway to jack up prices for the first time in years. That's showing up in higher inflation. On Apr. 14, the government said consumer prices jumped 0.5% in March, bringing first-quarter inflation to an unsettling 5.1% annualized rate, vs. just 1.9% last year.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.