Today the US Bureau of Labor Statistics announced the Consumer Price Index (CPI) for the month of June had increased to 322.56 points or 0.3%. On an annual basis, the annual inflation rate has increased to 2.7% which is the highest annualized rate since February's low reading of 2.4% annualized rate. Listen in this Weekly UPdate our analysis of this report and the status of the US economy and stock market.
