Inflation

[meatpile]

Kinda scary - largest monthly wholesale jump in 30 years.... 2%.

[Shrapnel]

Caused by all these "old money" whipper snappers buying these high priced BMW's

[Freakshow]

Caused by all these "old money" whipper snappers buying these high priced BMW's

THAT made me laugh. :lol2:

[VA49er]

Kinda scary - largest monthly wholesale jump in 30 years.... 2%.

Looks like Lacker may be correct.

[VA49er]

Looks like Lacker may be correct.

ahem...

Fed holds steady, Lacker dissents again (http://money.cnn.com/2006/12/12/news/economy/fed_rates/index.htm)

In addition, Fed member Jeffrey Lacker, who is the president of the regional Fed bank in Richmond, Va., voted again for a rate increase of a quarter of a percentage point.

That marks the fourth straight time that Lacker voted for a rate hike and in the minutes of prior meetings, Lacker has expressed concern about inflation as his main reason for dissenting. The other ten members of the Fed's policy committee voted to keep rates steady.

[Redsnapper]

Historically is it not 3%/year, if that's monthly, HUGE.

[VA49er]

Historically is it not 3%/year, if that's monthly, HUGE.

The Fed gets worried when its in the 2.5 - 3% range.