Author: Mark Fahey

High milk prices won’t last forever

The soaring dairy prices that have sustained dairy farmers and dismayed consumers over the last year are showing signs of easing. American milk and cheese prices reached record highs in the first quarter of 2014, driven by strong demand from China, Southeast Asia and Mexico. The boost has made dairy […]

Cheap goods foil Fed’s inflation plans, but not for long

Stuffed animals, cell phone cases, tote bags, pet toys and key chains – manufacturers in China and Vietnam churn out custom goods at low cost for One World Sourcing, an Ohio-based company that has seen brisk business since it was formed in 2002. “If you’re shopping, you’re buying things that […]

Grocery prices jump, overall inflation still tame

Food prices surged last month, climbing at the fastest pace in more than two years, even as overall inflation remained weak. Sudden jumps in the prices of beef, pork, poultry and fish drove the price of food at grocery stores up half a percent last month, shocking retailers after months […]

CPI reveals high energy costs, few surprises

U.S. inflation remained mild in January, falling slightly despite sharp increases in home energy prices. The 0.1 percent month-over-month increase in both the Consumer Price Index and the core index, which excludes volatile food and energy costs, matched the Bloomberg consensus and was consistent with inflation measures over the last […]