Core Inflation Jumps to 40-Year High, Sending Fed Rate-Hike Bets Soaring
Posted: Thu Oct 13, 2022 4:03 pm
Hotter-than-expected inflation data, including the so-called "core" measure of inflation surging to a fresh 40-year high, have sparked a sharp upwards revision to investor expectations for how high the Fed will hike rates as it struggles to quell price pressures.Source: https://www.theepochtimes.com/core-infl ... 93771.html