Forget Peak Inflation, CPI Surprises to the Upside
June 10, 2022 at 14:53 PM EDT
Today’s CPI print delivered worse than expected inflation. We are once again at a 40-year high. And to think the Fed kept on telling us last year that inflation was transitory. Luckily, Astoria told our clients that inflation would remain structurally higher for a much longer period. We wrote about...
