Consumer Price Index Soars

Episode 45 of the Polaris Perspective podcast, hosted by Jeff Powell & Jeremy Witbeck, titled "Consumer Price Index Soars" was published on November 29, 2021 and runs 25 minutes.

November 29, 2021 ·25m · Polaris Perspective

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Episode Description

Consumer Price Index Soars: What the jump in the CPI means for you.

Wall Street’s main indexes fell on Wednesday as a surge in U.S. consumer prices last month deepened fears that high inflation is here to stay amid supply chain snarls. Inflation across a broad range of products that consumers buy every day was even worse than expected in October, hitting its highest point in more than 30 years, the Labor Department reported Wednesday. Jeff Powell and Jeremy Witbeck discuss what this means for consumers, investors, the economy, and the markets.