US Consumer Prices Soar At Fastest In 39 Years, Real Wages Tumble For 9th Straight Month
Consensus was convinced – with barely any outliers – that this morning’s consumer price index would print with an astonishing 7.0% YoY (and notably 7 of the last 9 releases have come in above consensus) and they nailed it with the 7% print at its highest since June 1982 (when ET was launched in the …
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