Prices of goods and services are inching up and according to The Wall Street Journal the Fed is not going to get in the way of a little inflation.
Inflation has begun picking up, and it looks as if the Federal Reserve is going to let it keep climbing.
The Labor Department on Tuesday said that consumer prices rose by 0.3% in September from August, putting them 1.5% above their year-earlier level. With gasoline prices stabilizing, annual inflation ought to push above 2% on the year within a couple of months.
Core prices, which exclude food and energy costs, have been there for […]