CFI Deeper Dive - What Does Having A Fever and Inflation Have in Common? | CFI Deeper Dive Episode 4

There are lots of opinions on the global economy, but one thing that most people agree on is that it’s getting messier. In the past twelve months, the US Fed has rapidly raised interest rates to stabilize prices as we see inflation soaring through the sky. What is the Consumer Price Index (CPI)? The Consumer Price Index (CPI) is a measure of the aggregate price level in an economy. The CPI consists of a bundle of commonly purchased goods and services. The CPI measures the changes in the purchasing power of a country’s currency, and the price level of a basket of goods and services. A quick recap of today's episode 🧐 • In the past twelve months, the U.S. Fed has rapidly raised interest rates to stabilize prices as we see inflation soaring through the sky • The U.S. Labor Department reported that inflation turned higher to start off 2023, as rising shelter, gas, and fuel prices took a toll on consumers • The core CPI increased 0.4% this month and 5.6% from a year ago. Want to learn more about the Consumer Price Index (CPI)? Check out our free article here 👉 https://loom.ly/WwjYq7M #CFI #CFIDeeperDive #finance #markettrends #consumerpriceindex #useconomy #interestrates #inflation #capitalmarket