Sunday, December 16, 2007

Inflation.... It's Baaack!

As a public school teacher who doesn't get cost-of-living pay increases, (my monthy take-home pay is only $100 more than it was in 2002) I'm very sensitive to rising prices. The news is not good:US inflation jumped to an annual rate of 4.3 per cent in November, explaining why the Federal Reserve remains reluctant to cut interest rates too aggressively in spite of the risks to growth.The data

No comments:

Post a Comment