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CPI Inflation Slows To 8.5% In July, Stocks Rip Higher — But Are Wages Keeping Up?
Wednesday, August 10, 2022 - 9:02am | 522The SPDR S&P 500 ETF Trust SPY (NYSE: SPY) traded higher by 1% on Wednesday morning after the Labor Department reported an 8.5% year-over-year increase in the consumer price index in the month of July, a potential sign that inflation may finally have peaked. What Happened: The headline CPI rose...
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'Stunningly High': Experts React To 8.6% CPI Inflation, Highest In 40 Years
Friday, June 10, 2022 - 9:59am | 440The SPDR S&P 500 ETF Trust SPY (NYSE: SPY) traded lower by 2% on Friday morning after the Labor Department reported an 8.6% increase in the consumer price index in the month, the highest inflation reading in any month since 1981. What Happened: The headline CPI rose 8.6% in May, up from 8.3% in...
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'Probability Of Stagflation Is Increasing': Experts React To 8.5% CPI Inflation, Highest Since 1981
Tuesday, April 12, 2022 - 11:31am | 491The SPDR S&P 500 ETF Trust SPY (NYSE: SPY) traded higher by 0.9% on Tuesday morning after the Labor Department reported an 8.5% increase in the consumer price index in the month of March, the highest inflation growth since 1981. What Happened: The headline CPI rose 8.6% in March, above...
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Experts React To 6.2% CPI Inflation, Highest Since 1990
Wednesday, November 10, 2021 - 11:23am | 548The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 0.3% on Wednesday morning after the Labor Department reported a 6.2% increase in the consumer price index in the month of October, the fastest inflation growth since late 1990. What Happened: The headline CPI rose 6.2% in October,...
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'I'm Playing A Bit Of Defense': Experts React To 4.2% CPI Inflation
Wednesday, May 12, 2021 - 1:56pm | 592The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 1.7% on Wednesday after the U.S. Consumer Price Index rose 4.2% in the month of April, its largest increase since September 2008. April’s inflation increase exceeded consensus economist estimates of 3.6%. Fed Not Alarmed: Federal...