«You'd have to have a lot of inflation actually occur, not
just fear of inflation, in order to get up to levels like that.
Not exact matches
Each month, the Federal Reserve calms national
inflation fears by pointing to the low rate
of core
inflation, currently at an annual pace
of just 2.1 %.
These days the Fed seems more concerned about
inflation than recession and had raised the federal funds rate to
just over 5 percent as
of mid-2006 to head off what it
fears is a potentially overheated economy.