Hassett Predicts Ongoing Decline in Inflation in Upcoming CPI Reports
According to ChainCatcher, economist Hassett expects future Consumer Price Index data to show continued easing of inflationary pressures.
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Terms & Concepts
Consumer Price Index (CPI): A measure tracking changes in the average prices paid by consumers for goods and services, used to assess inflation trends.
Inflation: The rate at which the general level of prices for goods and services rises, decreasing purchasing power.