Reported about 11 hours ago
The Consumer Price Index (CPI) is a crucial economic measure that tracks the price changes of everyday goods and services, indicating inflation levels and significantly impacting personal finances, interest rates, and market trends. A rising CPI signals increased inflation, resulting in reduced purchasing power, while a falling CPI may suggest deflation and economic challenges. Investors closely monitor CPI data as it influences stock prices, bond yields, and Fed interest rate decisions, making it essential for navigating market volatility and securing financial stability.
Source: YAHOO