Bernanke thinks inflation is tame: "The rate of pass-through from commodity price increases to...

|By:, SA News Editor

Bernanke thinks inflation is tame: "The rate of pass-through from commodity price increases to broad indexes of U.S. consumer prices has been quite low" because those factors are “relatively small” weights in his measurements. But with prices for gasoline and food ripping higher, the world view of those not in the ivory tower seems very different from his.