The CPI Inflation Rate May Hit 9%; Dow Jones Rally Pauses - Investor's Business Daily

June CPI should show a new 40-year high for inflation. Here's what it means for Federal Reserve policy.

Inflation may finally be passed its peak, with gas prices pulling back since mid-June. But that won't show up in tomorrow morning's June consumer price index data, which is collected throughout the m… [+3393 chars]

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