Investors struggling with the shape of the recovery of Covid-19 have the same blind spot as they did after the financial crisis: They do not know how inflation works. The S&P 500 hit new highs this month, despite the devastating effects of the pandemic. However, market expectations of inflation returned …
Read More »Core consumer price index sees the fastest monthly increase since 1991
Text size Three figures to start your day: Core Consumer Price Index rose 0.6% in July It is the fastest monthly increase since 1991. The CPI follows a course of consumer goods and is a frequently cited measure of inflation in the US. The core CPI excludes liquid food and …
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