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-13.00
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-0.12
Platinum
$845.00
-25.00
Palladium
$1,968.00
+28.00
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Inflation
November 19, 2007

Will the Fed try to convince the public that a depreciating Dollar does not cause inflation?

Inflation

"Last month, Fed Chairman Ben Bernanke said that while a dollar depreciation leads to 'some inflationary effect' as imports' costs rise, 'our experience over the recent decade has been that those effects are relatively small.'"

*This information is solely an excerpt of a third-party publication and is incomplete. Please subscribe to the referenced publication for the full article. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.

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