(WSJ) Yup, just a matter of time. Inflation now at 4.2% in May, up 0.4% in a month. Just as expected. So now to watch two things: Catsup on the wall at the White House; and, how quickly the FED will raise rates (then, more catsup.)
www.wsj.com/economy/cpi-...
Consumer prices were up 4.2% in May from a year earlier, the Labor Department said Wednesday, accelerating from 3.8% the previous month.
