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January inflation prints sparked fear in markets this week
Stock market indexes experienced volatility throughout this past week due to the release of several key economic data and inflation prints. On Tuesday, January’s CPI report came out hotter than expected, sparking a sell-off. This was followed on Thursday by a decline in January retail sales, signaling slowing consumer strength. Finally, on Friday, the January PPI report exceeded forecasts, stoking inflation concerns from Federal Reserve officials. Yahoo Finance’s Julie Hyman and Josh Lipton recap the week’s data and market reactions. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor’s note: This article was written by Angel Smith