This fuels domestic demand, pushing up pressure on prices, particularly of commodities.

ECONOMIST: The Fed, the dollar and commodities

This time it is the inflation bubble, particularly in commodities.

FORBES: The Fed Is Wrong, Inflation Is Here

The quality of private-label goods has improved, making it harder for consumers to discern any difference between a store's brand and a more expensive rival, particularly for commodities such as paper towels or milk.

ECONOMIST: Consumer goods in the recession