Commodity prices often provide valuable information about future inflation. But commodity price indexes can’t predict inflation by themselves.
Adam M. Zaretsky
What Nathan Detroit sang about a floating craps game in Guys and Dolls, he never intended people to take him literally. Today, however, we’ve done just that, as casinos dot the nation’s waterways, especially in the river-rich Eighth District.
Keep up with what’s new and noteworthy at the St. Louis Fed. Sign up now to have this free monthly e-newsletter emailed to you.