There is no imminent inflation pressure.

I don't think anyone is skeptical about the next 25 basis point move [to 4.50%] , and as far as a hike in May goes, that's pretty much in play.

Look at it! Look at it, damn you! This is the result of your consistent, persistent, grinding, impoverishing inflation, you despicable loathsome morons!

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.

We have met our inflation target this year every year since 1997.