Select Page
April CPI inflation report doesn’t settle anything about Fed rates or rate cuts

CPI inflation comes in hotter than expected at 7.5%

CPI inflation climbed at a 7.5% annual rate in January, the Bureau of Labor Statistics reported this morning. That was above the 7.3% expected by economists surveyed by Bloomberg and a big jump from the 7.0% annual rate reported in December. The inflation number just...