With CPI Up, Fed Must Now Raise Interest Rates

Inflation is a cancer that must be treated early and aggressively.

The Consumer Price Index for March was just released. The monthly CPI number indicated that overall consumer prices rose by 0.4% in March, the same increase as the prior month. For the last year consumer prices have increased 3.5% up from 3.2% last month. With the increases since last December the proper monetary…