"The reality right now is that food and fuel are quite inflationary," says Pepsi (PEP) CFO Hugh...

|By:, SA News Editor

"The reality right now is that food and fuel are quite inflationary," says Pepsi (PEP) CFO Hugh Johnston, critical of the Fed's reliance on "core" inflation. Sadly, says Johnston, it's those who need help the most who face the biggest challenge from higher prices.