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The Economy Just Got Hotter, but That Might Be a Bad Thing


A big jump in consumer prices has some experts worrying that inflation is inevitable, despite calming statements from the Federal Reserve and White House.
In this photo provided by the New York Stock Exchange, trader Frank O’Connell works on the floor, Tuesday April 13, 2021. Stocks were choppy and mixed in late morning trading Tuesday as a drop in bond yields hurt bank stocks but helped big technology stocks. (Nicole Pereira/New York Stock Exchange via AP)
MANHATTAN (CN) Consumer prices saw the biggest jump since August 2012 on Tuesday, leading some experts to worry that federal regulators are not taking inflation seriously enough. ....

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