Page 5 - Core Rate News Today

Keep up with the price of goods and services. the question is, if consumer spending drive the economy, how can we continue to have a recovery if people arent making enough to fuel it? >> gregg: the other thing, it confounds me when the fed makes its decisions based on inflation projections, they never take into consideration the two things they should consider, which is gasoline prices, energy prices and food prices. how could they not consider those two things? >> it driving me crazy. there is ...

Over 100 percent in the last two years and our prices have not gone un100 percent so they do have an argument for pushing up prices. is it ethical? no. is it legal? yes. >>neil: you follow the numbers than most, the inflation rate, bernanke said it is contained, contained, do not worry but it leave out food and energy prices and you focus on the core rate, you are starting to talk trouble, right? >>guest: if you leave out food, and in february up 3.9 percent, that is a very big increase, and it ...

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