With pasta prices up nearly 20%, the annual CPI increase hasn’t been this high since 1991
The Fed chair appeared unconcerned Tuesday about the stock market's sharp decline over the past six weeks
"The U.S. consumer now appears to be single-handedly keeping the global economy afloat," economist said
Inflation in the 19 countries that share the euro currency hit 7.5% in April
But the situation is different from the '70s
Countries in the Middle East and Africa face unrest amid rising food, energy costs
Port activity drops, adding to inflation woes, Fitch says
Grocery prices up 10.8%, steak is “almost out of the question”
Some advisors are looking at GICs, short-term bonds, alternatives and mortgage products for clients
Alternatives, covered calls and broad diversification can all boost returns as bonds and stocks become more correlated