CPI, PPI: Markets look for signs of U.S. inflation peak
Written by Black Hot Fire Network on May 10, 2022
NEW YORK, May 10 (Reuters) - In the wake of the 50-basis-point interest rate hike by an increasingly hawkish Federal Reserve, markets have gyrated wildly ahead of this week's U.S. economic data, which will be closely parsed for signs that inflation is peaking.
Price growth has soared to the highest level since the early 1980s due to the collision of a post-pandemic demand boom and . . .
