Cpi Inflation Rate Shock Jolts Fed Policy Outlook Dow Jones Tumbles
Χ The CPI rose 1% from the previous month and 8.6% from last year, compared to inflation rates of 8.3% in April and 8.5% in March. The base CPI, which removes volatile food and energy categories, rose 0.6% from April. However, annual structural inflation fell to 6% from 6.2% in the previous month. Core inflation of 6.5% in March was the highest since August 1982. Economists expected the total CPI to increase by 0....