Oil price shocks and inflation risk

Oil price shocks appear to have only transitory effects on headline inflation and virtually no impact on measures of underlying trend inflation.Petroleum products - Prices ; Inflation (Finance)

RMB appreciation and U.S. inflation risk

If oil prices continue to rise and the RMB continues to appreciate, the U.S. inflation rate may increase at a faster pace in the near future. And this would have an unwelcome impact on consumers’ wallets.Inflation (Finance) ; Foreign exchange rates - China

CONSUMER ACCEPTANCE OF GENETICALLY MODIFIED FOODS

Results from an Ohio survey indicate that respondents are willing to pay a premium, ranging from 5% for non-GM vegetable oil to 28% for non-GM salmon. Estimated consumer willingness to pay for non-GM foods varies among demographic groups with female, those aged between 35 and 60, and non-White respondents willing to pay a higher premium than others.Consumer/Household Economics, Food Consumption/Nutrition/Food Safety, Research and Development/Tech Change/Emerging Technologies,