Photo by yomanimus with Flickr Creative Commons License
@BryanRenbaum
With the price of commodities rising and every day items slowly becoming more expensive economists seem to agree that the threat of inflation is looming and may just be around the corner.
The Federal Reserve has kept interest rates at near-zero for sometime but it is unclear how much longer that will be the case.
Inflation fears have already begun to impact stocks and the price of oil is on the rise. And in April, the Consumer Price Index grew by 4.2%, the largest annual increase since 2008.
In Maryland job growth slowed considerably between March and April, with the latter month seeing an increase of fewer than 4,000 jobs. The state’s May jobs numbers will not released until June 23.