SP500 0.58% 2,958.8 standard & poor's 500

Maybe I am misreading / misunderstand that article... but CPI...

  1. 290 Posts.
    lightbulb Created with Sketch. 13
    Maybe I am misreading / misunderstand that article... but CPI was 8.2% last month.

    https://www.ft.com/content/c90f6775-28ff-4bcb-b36a-7b01d5672403
    The bounce in markets came after the annual rise on the US consumer price index was reported at 7.7 per cent in October, the smallest 12-month increase since January and a sharp drop from an annual rate of 8.2 per cent in September. Economists had forecast an 8 per cent rise.
    Last edited by Shatter: 11/11/22
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.