Inflation at 40-year highs (again)


Ugly day to be a risk asset, the Consumer Price Index in June set another record high dating back to 1981, now a 41-year record Inflation in June rose 1.3% during the month. Higher than the expected 1.1% and above May’s 1.0% increase The annual figure came in at 9.1% vs. 8.8% expected and 8.6%…

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