Fresh US Inflation Peak to Keep Fed on Aggressive Rate Path

Bloomberg, July 12, 2022–Olivia Rockeman
The consumer price index probably increased 8.8% from a year earlier, marking the largest jump since 1981, according to the median forecast in a Bloomberg survey. Compared to May, the widely followed gauge is seen climbing 1.1%, marking the third month in the last four that inflation has topped 1%.
https://www.bloomberg.com/news/articles/2022-07-12/fresh-us-inflation-peak-to-keep-fed-on-aggressive-rate-path?srnd=premium#xj4y7vzkg