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For Wall Street, it was a Teutonic shift. One that will likely take weeks, if not months to fully comprehend.
It was the announcement, on Friday, that the nation's most popular measure of inflation, the Consumer Price Index had risen to 6.8% on an annual basis. Not since the 1970s have we seen anything like this.
By David Reavill5
44 ratings
For Wall Street, it was a Teutonic shift. One that will likely take weeks, if not months to fully comprehend.
It was the announcement, on Friday, that the nation's most popular measure of inflation, the Consumer Price Index had risen to 6.8% on an annual basis. Not since the 1970s have we seen anything like this.