Consumer Prices Have Risen Every Month Since 'Bidenomics' Began, Up 19.5% To Record High
May 15, 2024 at 11:00 AM EDT
After a fourth straight month of hotter-than-expected PPI, analysts' expectations for CPI were tightly ranged around 0.3-0.4% MoM and printed +0.3% MoM (slightly below the 0.4% expected).