CPI for All Urban Consumers (CPI-U): This is the most commonly used CPI and acts as the overall inflation indicator experienced by the average urban consumer. It includes a wide range of goods and services that an average household typically purchases, such as food, clothing, housing, transpo...
The BLS publishes two main types of CPIs each month.The Consumer Price Index for All Urban Consumers (CPI-U), which covers about 93 percent of the U.S. population, excluding those living in remote rural areas, farm households, institutions, or on military bases. The CPI-U is the most ...
These results could also indicate that inflation is still growing, but at a cooler pace. The Fed’s target for inflation is 2% on an annual basis. Core PCE increased 0.4% in February. Core PCE rose 2.8% over the past year compared to a 2.9% increase from February 2023 to February ...
for the same quantity of goods and services, which is usually seen as a signal of inflation. The Producer Price Index (PPI) mainly measures the trend and extent of changes in the factory prices of industrial products. Changes in the PPI can affect the CPI because fluctuations in producer ...
March and April 2023 is a perfect example, according to the government statistics March=5.0%, and April=4.9%. However, our data shows inflation in March as 4.98%, and April as 4.93%. Therefore we can see that there is actually very little difference between the two months. ...
The federal funds rate is the interest rate at which banks lend money to each other overnight. A treasury yield is the interest rate the U.S. government pays on its debt, and the annual return that investors can expect from holding a U.S. government security. ...
A little bit of inflation is good for consumers. The economy keeps growing and businesses continue expanding, hiring workers and bumping up their pay along the way. Too much inflation, however, feels akin to taking a pay cut. High inflation has consequences beyond just affordability, complicating...
The catch though, is that when things feel more “uncertain” than normal, some may demand an even higher yield for longer-dated bonds than they otherwise would. A number of developments seem to be adding some anxiety lately: For one, Fitch’s recent U.S. government debt downgrade highlight...
for All Urban Consumers (CPI-U)represents 93% of the U.S. population not living in remote rural areas. It doesn't cover spending by people living in farm households, institutions, or on military bases. CPI-U is the basis of the widely reported CPI numbers that matter to financial ...
Poverty is a state or condition in which a person or community lacks the financial resources and other essentials beyond income for a minimum standard of living.