U.S. consumer prices have already seen some increases, which experts believe may be an onward trend throughout the summer before calming down in the fall.
Last month, the consumer price index rose by 0.6%.
As I told you guys previously, it’s managed to hit an all time high since 2008.
How are investors taking the news and what else are experts saying?
More Market Updates
Will this be enough to ease inflation fears?
Could a nuclear deal with Iran send oil prices up?