importing

U.S. consumers already have been hit with higher prices for food and fuel. But the rising prices won't stop there. The weak dollar means that prices for imported goods -- and components -- are headed up, further boosting inflation.

The exchange rate with the pound is slowly turning back, against our favor. It's still nowhere near the scalding $2-per-pound rate that kept us out of London in droves last year, but it still hurts to pay $1.65 to get a single pound.As someone who often spends chunks of time abroad, I've learned...