(CNBC)Consumer prices just posted their largest one-month jump in nearly 13 years, a fact that might tempt some to conclude that a white-hot U.S. economy is on the brink of runaway inflation. But a spike in the June 2021 consumer price index reading may, in fact, be little cause for alarm.
Inflation just jumped the most in years, yet markets are largely ignoring it.
This entry was posted in Syndicated. Bookmark the permalink.