Good morning. Among today’s items, a debate over the Fed’s competence level in fighting inflation, what Barney Frank thinks of home buyers and Chicago’s bid for the Olympics…

Wall Street’s starting to get that tingle again (Washington Post)

The Fed seems clueless about inflation (Real Clear Markets)

Or not, if you believe this (Newsweek)

Barney Frank thinks home buyers are infants (Amity Shlaes/Bloomberg)

Students are renting college textbooks (NPR) Fast-growing market

Obama pushes for Chicago to get the Olympics (PBS NewsHour)