The consumer price index is a weighted average collection ... As of October 2021, the CPI was 276.589, meaning goods and services had gone up in price by an average of about 176.589% since 1984.
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
The Bureau of Labor Statistics released the consumer price index report for December earlier today. What the inflation data ...