Prices rising everywhere. When do we rein in the relentless deficit spending that leads to inflation?
Import prices in US rose 1.9% month over month. This was higher than expected (forecast around 1.0%). Export prices rose 1.3% month over month. This was also higher than expected (forecast around 0.9%). Import prices up big because of fuel and other goods costs. Year over year, import prices rose 6.7% — biggest jump in …