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Consumer Prices Have Risen Every Month Since 'Bidenomics' Began, Up 19.5% To Record High
Consumer Prices Have Risen Every Month Since 'Bidenomics' Began, Up 19.5% To Record High After a fourth straight month of hotter than expected PPI, analysts' expectations for CPI were tightly ranged around 0.3-0.4% MoM and printed 0.3% MoM (slightly below the 0.4% expected). The YoY headline CPI fell to 3.4% as expected from 3.5% prior Source: Bloomberg Under the hood, Services slowed modestly MoM... On a 3m and 6m annualized basis, Energy costs are reaccelerating most...
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