re: CPI increase came in at 4.2% vs expected 3.6%.

CPI bottomed in May last year so I'd expect another few prints similar in to this. Now if they can pump these price increases into Q421-Q121 I would legit be impressed. I'd imagine there's a demand issue when unemployment gets pulled after July 31st, much like the stimulus last year. Then you have "infrastructure." Let's see if Congress has been resurrected from clown world and are finally serious or if they want to play games for mid terms. I'll bet the latter.