The inflation bells are ringing. You've seen the jump in prices at the grocery store, and, maybe more significantly, at the gas pump. But are these price hikes a sign that inflation is about to take off, or are they just temporary increases? Here's what you should know about inflation.
Amid a bounce back in manufacturing activity, surging commodity prices are leading to fears of inflationary forces. Those forces are real, but corporate profits -- and therefore, stock prices -- won't suffer too quickly. The pain for struggling Americans, though, could be rapid and severe.
Underlying growth in the cost of energy, raw materials and health care indicate that prices could grow significantly in 2011.
As consumer confidence continues to drop, news about the rising prices of goods was not good. Dow Chemical announced a 25% increase in their prices,...