Detailed text transcripts for TV channel - MSNBC - 20110513:16:54:00
The cost of clothing, airline tickets and medical care all increased. that pushed up the core rate and that is the one fthat the fed really looks at. i should add contessa keeping a continued lid on the core rate was just a 0.1% rise in the equivalent of rent. apartment vacancies continue to drop and landlords are getting pricing power. it is not yet showing up in this data. >> there was some good news that predicts a drop in gas prices this summer. >> yeah. here is to hoping, huh? though there are lots of wild cards here. i want to put in caveats because we're watching the flooding closely al...