22 Oct 2004 Eleven Days and Counting
Posted at 16:18h in The Friday BriefAside from the ugliest political climate in recent American history, inflation worries of are beginning to rival those of oil concerns among those who are paid to prognosticate and pontificate. The Consumer Price Index with volatile food and energy removed from the calculations was three times higher in September than in August. The year-over-year measure was up 2.0%. Record high oil prices are working their way into the prices of more goods and services. The longer they remain high the more damage they can do. Higher gasoline prices are almost a given at this point.