The Consumer Price Index report has been long awaited by traders and investors. Whether you’re buying penny stocks or higher-priced large-cap stocks, inflation data stemming from the CPI report is becoming the cornerstone for speculation regarding monetary policy.
In the stock market today, onlookers waited patiently for details to show a glimmer of hope that inflation in 2022 is slowing. This article breaks down the latest CPI Report live and will highlight key takeaways for you to digest and use. But first, let’s cover some basics for those who may be new to the stock market or economic data in general.
What the latest CPI data signals for inflation & the stock market today
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