Inflation Spikes: Market Yawns – June 11, 2021

Inflation Spikes: Market Yawns Another week, another hot inflation data point. According to the government report out this week, May headline CPI rose 5% from a year earlier. Economists surveyed by Dow Jones had been expecting a gain of 4.7%. On a monthly basis, headline CPI increased 0.6% versus estimates for a 0.5% increase. [...]