inflation

Andy Ciordia

Seattle City Council members are digging into the details of Mayor Ed Murray’s plan to raise the minimum wage to $15 an hour. That’s an eye-catching number that’s garnered national attention, but it's easy to forget the impact of that pesky thing known as inflation.

Sjoerd van Oosten / flickr.com

A rising Consumer Price Index (CPI) has caused more doom and gloom on Wall Street. But on this week's Money Matters, financial commentator Greg Heberlein tells KPLU's Dave Meyer it's nothing to worry about. A bane for Wall Street can actually be a boon for Main Street.

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Gas prices are topping $4/gallon. Oil is over $100 a barrel. Gold and silver are at record highs. Food is more expensive. Does all this mean inflation is about to pounce on us? On this week's Money Matters, KPLU financial commentator Greg Heberlein says things may look discouraging, but there's no need to worry about runaway inflation.