He fears that inflation will worsen as companies raise prices to restore margins.
Excluding food and energy, inflation worsened from April to May.
High inflation is only worsening the situation for first time buyers - I just hope they are saving decent deposits.
By 1974, inflation had worsened and Australia had entered recession.
Moreover, the report provided confirmation that inflation worsened during the first quarter.
The consumption surge, meanwhile, drew in more imports, causing a larger deterioration of the trade deficit, and inflation worsened.
As the inflation worsened and as numerous small private entrepreneurs found themselves discriminated against by government controls, they went on strike.
If that assumption were accurate, stock prices would come down as inflation worsened.
However, he believes that in coming months, after the election, inflation will worsen and give the Fed reason to tighten.
The nation's economy grew at a rate of 1.7 percent in the second quarter, while inflation worsened, the Commerce Department said today.