Inflation?

Published March 15, 2013 12:39pm ET



Prices are rising. As  Reuters reports:

Consumer prices recorded their largest increase in nearly four years in February as the cost of gasoline surged … 

So, is this the first sign of bad things to come?  Maybe not.  After all “Fed officials are likely to dismiss the gasoline-driven jump in price pressures as temporary when they meet next week to evaluate the economy.”

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