Peak Inflation? Think Again

Financial

The market did not get what it was hoping for with this morning’s inflation report and rates are rising quick CPI, the most widely tracked inflation benchmark, rose to fresh 40-year highs in May: 8.6% A huge miss over expectations that we would see a fall from April’s 8.3% number to 8.2% Core CPI, stripping…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Limited Time 15% Promo!
Opportunities in lumber stocks: Three hot picks from Daryl Swetlishoff
The market is headed for a ‘tinderbox-timebomb’ that will be worse than the 1929 crash, Black Swan fund manager says
Five things from the Fed rate hike that raised eyebrows
Stocks drift as Wall Street waits for Fed’s latest rate hike
Fed announces smallest interest hike in a year as inflation ‘eases somewhat’