Fed’s Inflation Control Efforts Working, But Slowly

Fed’s Inflation Control Efforts Working, But Slowly

PIERRE, (KCCR) — Efforts by the Federal Reserve to get inflation under control seem to be working but slowly. Creighton University economist Dr. Ernie Goss says that trend was noticed in the October Mid American Business Conditions Index report…

Goss says supply mangers surveyed for the Index says they believe their input costs will go up in the next few months…

Goss says dropping inflation may not translate to lower prices…

The Mid America Business Conditions Index is a survey of supply managers in a nine-state region from Minnesota and the Dakotas to Arkansas.