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‘Risks Are Rising’: Experts React To 7% CPI Inflation, Highest Since 1982

'Risks Are Rising': Experts React To 7% CPI Inflation, Highest Since 1982

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The SPDR S&P 500 ETF Trust (NYSE:SPY) traded higher by 0.4% on Wednesday morning after the Labor Department reported a 7% increase in the consumer price index in the month of December, the fastest inflation growth since 1982. What Happened: The headline CPI rose 7% in November, in-line with economist estimates and marking the highest growth rate since June 1982.

...read full article on Benzinga

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