The news about inflation is good-for now-goes the official view from Washington. And that has kept markets on edge about the possibility of higher interest rates.

Federal Reserve Board Chairman Alan Greenspan regularly reminds Congress and others that passing economic phenomena are an important reason for the mild inflation of the past several years.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.