View inflation of the Federation with a relaxed

The woman's Club Shop shops and drug stores, Wal-Mart Bentonville, Arkansas, June 4, 2009.

Credit: Reuters/Jessica RinaldiBy Ann Saphir

Chicago | Thu 28 Apr 2011 3 Moon

Chicago (Reuters)-Ben Bernanke optimistic view regarding the inflation pressure in the test.

Federal Reserve and its Chairman on Wednesday repeated their position that the starting price for the goods-such as oil and food-????"???."

But a growing number of consumer product companies in the u.s. say they plan to push up the prices of their sales to cover the cost of fuel for the big jump in raw materials.

Procter Gamble Co & vkimbrli-Clarke Corp. say they will charge more diapers, toilet paper, detergent; Colgate-Palmolive Co. is raising prices toothpaste.

This is bad news for consumers already squeezed by rising gas prices.

Yet even the policymakers of the Federation who raised the alarm on inflation from the decision of the Central Bank on Wednesday to give its 600 billion dollars to buy bond program set to the end of June.

"Unfortunately for inflation hawks is simply not strong enough, he did not move large enough to create its own unique policy directive," said Richard Hastings, consumer strategist at the global strategies of the Hunter, energy prices.

By the end of the year, he predicted, Yes.

"You're starting to see the formation of enough inflation policies of the Federation to change later this year," he said.

Bernanke hholiia super easy monetary policy of the Federation have-?????? progress towards the goals of the world's Central Bank stable prices and employment.

Unemployment, at 8.8 percent, is down to its own high last year, the risk of deflation has receded.

But as inflation rises, is likely to get a point, Bernanke made Wednesday when asked about the benefits of buying more still debt to push down to ask costs.

"It is not clear that we can begin improvements payrolls without some additional inflation risks," he told his first news conference after meeting ongoing policy setting in the Federation.

Inflation as measured by the price index for personal consumption expenditure core ' jumped 1.5 percent in the first quarter, government figures showed Thursday, a jump of 0.4% in the previous quarter.

Bond market pricing inflation risk, investors will work a higher preferred inflation gauge of the Federation, with the spread between 10-year Treasury Inflation-Protected Securities standard 10-year bond annual inflation of implying 2.57 percent in the year 2021, below the peak of 2.65 percent.

The sign of concern among investors about inflation, 20 billion iShares Barclays tips bond traded is his trading at the highest level since November.

If you speed up inflation, the Central Bank of the United States you may need to raise rates quickly, turning the tables on countries like Brazil, which tried to stem the flood of capital they blame in part on the near zero rate policy of the Federation. But representatives of the Federation not to expect.

Predictions and mapdrcia on Wednesday, the core index, which excludes food and energy costs, rising from 1.3 percent and 1.6 percent this year, still far below the official target of 2 percent is not of the Federation.

Inflation rates in the United States bar is living in many parts of the world.

European Central Bank hiked rates for the euro area from the shelves after inflation increased to 2.7 percent.

Now, representatives of the Federation's new forecasts also show expects inflation sharply higher this year, title, and 2.1 percent and 2.8 percent.

Bernanke said the price increases on goods region "quite a lot of" unexpected increase persist.

"There is a lot of Federal Reserve you can do about gas prices, at least not without derailing completely growth, which is definitely not the right way to go," said Bernanke. "Our view is that gas prices will not continue to rise at last."

Including food and energy prices, increased domestic rate 3.8 percent, and PCE his fastest since the third quarter in 2008.

"We have a different mapdrcia as low," said Michael pond, co-head of the US strategy in the price of Barclays Capital in New York City. "We think it is a broader commodities when emerging market economic growth is most likely a structure up pressure on the prices of goods."

Along with the dollar falling, which raises the cost of imports, these trends could raise inflation for several years, said: "the risk of inflation expectations is something markets should pay more attention."

The sides still, most economists are and break it with the Federation, at least for now.

Wages, costs for large input, they are rising only slowly. And consumers concerned about employment and higher priced balk, they say.

"We talked about wanting to go to business costs, and already speaking of wishing to move to the costs," said Michael Feroli, Chief u.s. economist at JPMorgan Chase. "Generally they have been driven by the type of weak demand."

(Reported by Anne Sapphire with reporting by Lucia Mutikani in Washington, Richard Leong in New York, Jessica Wohl in Chicago, edited by Chizu Nomiyama)

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