The Weekly Snapshot of the Market:
The Consumer Price Index increased 1.2% in March, 0.8% in February and 0.6% in January, accelerating U.S. inflation to an annual rate of 8.5%, a new four-decade high. As it turns out, inflation is on everybody’s mind, consuming the Fed’s bandwidth and pre-occupying investors.
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By Hubert Marleau
By Hubert Marleau