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But does the big inflation scare make any sense?
What's more, he says, there is "big" inflation and prices go up frequently.
Those who think the big inflation is coming in the United States do not think we will suffer alone.
"Fiscal dominance" — meaning a central bank always buys up government bonds to keep interest rates down — is a recipe for big inflation.
A day later, the President called the Iranian regime "brutal and corrupt," writing, "The people have little food, big inflation and no human rights.
(See: "Europe's Big Inflation Problem") In Britain too, an immediate rate cut looks unlikely.
Similar(46)
The government has been rattled enough by a pensioner revolt to offer a big inflation-beating increase in the basic state pension in an election year.
But in putting its emphasis above all on reviving growth, America's central bank, according to some economists and even a few Fed officials, may face a bigger inflation problem down the road.
That's the biggest inflation surge in five months.
Consumer prices jumped 0.6% in March, the biggest inflation surge in five months, as the costs of energy, clothing and airline fares all rose sharply.
I was one of the biggest inflation hawks for the past decade, when the Fed took rates to where they did in 2001.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com