Wednesday, May 11, 2022 - 20:18
Today the Bureau of Labor Statistics (BLS) released the latest inflationary data vis-à-vis the Consumer Price Index for April 2022. As expected by many analysts the data revealed that inflationary pressures continue to run exceedingly hot. According to the report, the CPI “increased 0.3% in April on a seasonally adjusted basis after rising 1.2% in March,”.