Consumer Price Index accelerated 8.3% in April YoY. Food at home CPI jumped to 10.8%. Stocks are are plummeting!
Inflation barreled ahead at 8.3% in April from a year ago, remaining near 40-year highs The consumer price index accelerated 8.3% in April, more than the 8.1% estimate and near the highest level in more than 40 years. Core CPI, which excludes food and energy, also was higher than expected, rising 6.2%. Shelter costs, which … Read more