The 1970s were an interesting time. Disco was hot, bell-bottoms were in and inflation started to soar. The consumer price index (CPI), which measures inflation, was just 1% at the beginning of 1971.

Inflation picked up for a fourth straight month in January amid another rise in in food and energy costs, possibly setting ...

CPI report will likely show some inflation, but not enough to alarm the Federal Reserve. Read more to see my thoughts on the ...