Fed's Kroszner: Inflation has added to global woes

WASHINGTON, Sept. 1 (Reuters) - U.S. economic woes have spilled into both developed countries and emerging markets, and inflation pressures have added to the challenges, Federal Reserve Governor Randall Kroszner said on Monday. 'Throughout the world, the challenges posed by weakening economic activity were further complicated by mounting inflationary pressures as food and energy prices soared,' Kroszner said in... [read full story]