Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. Peter Westfall is a distinguished professor of information ...
It incorporates about 29% of the U.S. population. The CPI weighs certain spending categories more than others, based on what people are spending their money on: The U.S. Bureau of Labor Statistics ...
"The BLS reports index weights for dozens of categories, subcategories and specific items in the CPI's basket of goods and services," noted an article published on the website of the Pew Research ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Reviewed by Somer Anderson The Consumer Price Index (CPI) is the most widely used metric for consumer inflation changes over time and utilizes data based on consumer buying habits from a broad sample ...
energy and food are two of the most volatile categories and can exhibit wild swings because of factors considered one-time in nature. Excluding energy and food, the closely watched core CPI gauge ...
The December Consumer Price Index report showed an acceleration in year-on-year total CPI inflation to 2.9%, the highest rate since July 2024. Meanwhile, core CPI remained sticky and elevated but ...