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‘A Shocking Number’: Experts React To 6.8% CPI Inflation, Highest Since 1982

'A Shocking Number': Experts React To 6.8% CPI Inflation, Highest Since 1982

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The SPDR S&P 500 ETF Trust (NYSE:SPY) traded higher by 0.8% on Friday morning after the Labor Department reported a 6.8% increase in the consumer price index in the month of November, the fastest inflation growth since 1982. What Happened: The headline CPI rose 6.8% in November, exceeding economist estimates of 6.7% and marking the highest growth rate since June 1982.

...read full article on Benzinga

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