Now Inflation the Big Concern
Posted by Michael Link on May 8, 2008 at 10:47 AM
Both on Wall Street:
The improving picture on Wall Street has fed the widespread belief that the Federal Reserve will end its nine-month rate-cutting campaign at its June meeting, as it eyes the growing threat of inflation.
And with the public:
The poll suggests that inflation is the top economic issue for most Americans, with 47 percent of those questioned identifying it as the biggest economic problem.
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