Recession is iffy, inflation looks certain (Editorial)

Given the way world prices for food, energy and other industrial goods are moving, the potential implications on the price situation at home is of great import and cause for concern, says Saumitra Chaudhuri THISis a strange year, most likely it will get stranger. There are so many conflicting signals as to where the world economy is headed that market movements are seized of great volatility. Eminent voices see a major US recession down the road; some among them are yet willing to see an "if' about it. Other street signs