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And a optimistic reading on public growth published from the federal reserve s latest policy reading. that helped to add to a rosy feeling. dow up half a percent and nasdaq up .75 and the s&p is about halfway between the two up .63, andrew? inflag has policymakers around the world on alert. the u.s. federal reserve seems to be taking it in its stride, at least at the moment. america s producer price index rose to its highest rate in more than two years on january. the pbi up 8/10 of 1% implying inflationary pressures are increasing. these are the goods that leave the factory gate. a key number are the core ppi, that was up about a half of one percentage point and that was quite a lot higher than the expectations. most people are looking at 2/10 of 1% coming in at a half. that would normally be seen as ....