New Record Inflation Sends Stocks Tumbling
Stocks Plummet as Inflation Hits a 40-year Record 8.6% Hopes that inflation had peaked were short lived. Friday’s Consumer Price Index report came in hotter than expected at 8.6% annually. Inflation is now at a new 40-year high. It is sparking fears of drastic new rate hikes. As a result, stock markets are falling all … Read more