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The CPI according to http://www.whitehouse.gov/fsbr/esbr.html#income has been on an incline from January to August as well as the PPI. The Federal Reserve Bank or Fed has had its hands full with the GDP sending mixed signals. Although GDP is increasing, the Fed's primary concern remains inflation.
Federal Reserve Bank chairman Ben Bernanke, has expressed that slowing economic growth is his primary concern but at the same time promote some growth. To do so, the Federal Reserve Bank and Treasury will greatly reduce interest rates, raise taxes, and raise the money supply through his fiscal policy and monetary policy...
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