That's a prime example of where higher energy prices can rein in core [non-energy] inflation.

It looks as though core inflation is back. We have the core CPI now growing at an average monthly rate of roughly 0.3 percent thus far in 2004. That adds up to a rate hike happening sooner rather than later.

It looks as though core inflation is back, ... We have the core CPI now growing at an average monthly rate of roughly 0.3 percent thus far in 2004. That adds up to a rate hike happening sooner rather than later.

Unless energy prices ease, the holiday shopping season will probably be mediocre at best.

Today's extraordinarily low real borrowing costs just might spare the U.S. economy from another energy-related slump.

Inflation is down to 1.4% excluding energy, so there's absolutely no inflation pressure.