“Inflation is back, not in a big way, but it is also true that it is not going away and could yet wreak havoc on the broader economy where higher factory prices increase inflation at the consumer level.”

Comments from Chris Rupkey of FwdBonds, regarding the latest from the Producer Price Index, which showed wholesale inflation rose more than expected in January. Read the CNN article, “January Wholesale Inflation Saw Biggest Monthly Increase Since August.”