April 12, 2022
March Inflation – Hot Reading Incorporates Russia/Ukraine
Consumer prices rose 8.5% in March marking a fresh 40-year high and bolstering expectations that the Fed will raise interest rates by 0.50% in May. Many observers believe today’s CPI reading could mark the peak, capturing rising energy and food costs following Russia’s invasion of Ukraine. Additionally, we have now annualized the last of easier […]
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