This Week: How Will The Fed Handle Stagflation?

<p>For Wall Street, it was a Teutonic shift. One that will likely take weeks, if not months to fully comprehend.</p> <p>It was the announcement, on Friday, that the nation's most popular measure of inflation, the Consumer Price Index had risen to 6.8% on an annual basis. Not since the 1970s have we seen anything like this.</p> <p> </p>