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Politics : FREE AMERICA
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To: michael97123 who wrote (1160)3/31/2006 11:57:03 AM
From: richardred  Read Replies (1) of 14758
 
>If gas prices are in this range, yoy inflation shouldnt be a problem at least from an energy standpoint.

IMO-The CPI excluding energy is what to watch. I also think they are watching or will be watching the geo political/mother nature situation. IMO- Witch is built into current energy prices.

I think the problem the fed sees. The rest of non energy industries finally passing along increased costs to the consumers. Witch they have absorbed in the past.
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