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Markets Plunge After High CPI Inflation Reading

Stocks initially tumbled, then rebounded sharply after a report that signaled the Fed would continue raising interest rates aggressively.

Joe Rennison
Author: Joe Rennison

Written by

Joe Rennison

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Consumer Price Index, Federal Reserve System, Government Bonds, Inflation (Economics), Interest Rates, Standard & Poor’s 500-Stock Index, United States Economy
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