RE:Inflation or Higher More Reasonable Interest Rates?I think when the refer to "surging", they are speaking to the 0.5% rate in April to almost 3.25% rate today. That is some serious increase in such a short time. I agree that 3.25% isn't much by any historical standards but 3X increase in less than a year is significant to say the least. Also, as the media is so apt to do, they sensionalize everything to draw you into reading or listening to their point of view. Kind of like saying gold is going to $5000/oz. Okay, sure, but we haven't even sustained $2000/oz let alone $5000. But, as a proponent of gold, you might be inclined to believe it b/c it fits your narrative.