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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: sea_urchin who wrote (20988)	5/16/2004 9:43:42 PM
From: sea_urchin	Respond to of 81115

"The First Law of Inflation: Whatever goes up will go up some more." -- Anonymous washingtonpost.com >>Is inflation back? It seems that way to many business people and to individuals who find themselves paying higher prices for everything from ice cream to auto repairs. Food prices surged in recent months, with milk, poultry, fish, meat and eggs responding to increases at the wholesale level. The trend is spreading. Kimberly-Clark Corp. recently raised prices on bathroom tissue, paper towels and paper napkins by 6 percent. The company said the increases were needed to offset inflation in raw materials and higher energy costs. Not surprisingly, the Federal Reserve has its own view of inflation. On May 5, the Fed declared that "inflation is low" and "long-term inflation expectations appear to be well contained." Because of that, the Fed said, any decision to raise interest rates could proceed at a "measured" pace. <<