Inevitable Inflation Fears
January 24, 2011 at 01:45 AM EST
The Wall Street Journal is reporting that ECB head Jean-Claude Trichet is turning increasingly hawkish: Inflation fears—fueled by spiraling food, oil and raw material prices—are mounting around the globe, prompting the head of the European Central Bank to signal that it could raise interest rates in the future even though some countries have been weakened [...]
