US CPI Data Set for Release Today – Market Expects 2.5% Inflation Rate

The Consumer Price Index report is scheduled for 8:30 am ET, with forecasts set at 2.5%, a key metric for the Federal Reserve (U.S. central bank).

Summary

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Terms & Concepts
  • CPI (Consumer Price Index): A key economic indicator that measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services, used to track inflation.
  • Federal Reserve (Fed): The central banking system of the United States responsible for conducting monetary policy to promote maximum employment and stable prices.