Rising Prices and the Fed

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Published : February 11th, 2014
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Category : Opinions and Analysis

Given the dearth of officially reported consumer price inflation in recent years, don’t look for this to be a major topic today when new Fed Chair Janet Yellen appears before the House Financial Services Committee to present the central bank’s semi-annual monetary policy report to Congress. That’s not to say that it won’t be at some point in Yellen’s tenure…

Nevertheless, there is clearly an ongoing disagreement about how fast prices will rise as this WSJ story details the differing views on inflation between the experts and the laymen.

24hGold - Rising Prices and th...

In short, Americans think inflation will be about twice as high as the Fed does.

Kudos to Ms. Yellen who mentions the word 11 times in her prepared testimony today.

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Tim Iacono is the founder of Iacono Research, a subscription service providing market commentary and investment advisory services specializing in commodity based investing.
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