Markets Digest Inflation News, Estimate Rate Raises
November 11, 2021 at 16:14 PM EST
The consumer price index (CPI) came in hot this week, with inflation numbers for October hitting their highest in 30 years at 6.2% over last year. Markets responded with falling stocks and rising bond yields, as well as a mass sell-off in tech stocks, but seem to have course corrected for now,...