The Inflationary Storm Clouds Gathering Over US Travelers' Wallets The recent spike in US borrowing costs is a sobering reminder that inflation's shadow looms large over the country's economic horizon.
As oil prices surge above $92 a barrel, global bond markets are reeling from renewed Middle East tensions.
This time, however, the repercussions extend far beyond macroeconomic policy, with travel enthusiasts and budget conscious consumers bearing the brunt.