Ben Bernanke insists that inflation remains “quite low.” That’s true, unless you need to eat. Core inflation doesn’t include food prices, and they’re soaring around the globe. In fact, the U.N.’s Food and Agriculture Organization says its closely watched food price index hit its highest level ever in January.
Continue reading Why Global Food Price Inflation Really Matters
Why Global Food Price Inflation Really Matters originally appeared on DailyFinance on Fri, 04 Feb 2011 09:50:00.
Filed Under: Economy, Investing, Market News