A measure of inflation that is closely tracked by the Federal Reserve increased in April
WATE 6 Knoxville· 7 days agoWASHINGTON (AP) — A key index of U.S. prices ticked higher in April as consumer spending rebounded,...
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New York Post· 7 days agoThe index, which the Federal Reserve closely monitors, showed that prices rose 0.4% from March to...
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AP Business SummaryBrief at 10:40 p.m. EDT
Galveston County Daily News· 6 days agoA measure of inflation that is closely tracked by the Federal Reserve increased in April
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- Inflation in the United States
In economics, inflation is a general increase in the prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. wikipedia.org
- Federal Reserve policymakers evaluate changes in inflation by monitoring several different price indexes.
- .
- Consumer Price Index (CPI), produced by the Bureau of Labor Statistics (BLS), is the most widely used measure of inflation
- The Federal Reserve prefers to use the Personal Consumption Expenditures (the PCE price index) when gauging inflation and the overall economic stability of the United States
- Producer Price Index (PPI), which reports the price changes that affect domestic producers, is another measure of inflation
- .
- Cost-push inflation
- Demand-pull inflation
- The housing market
- Expansionary fiscal policy
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source: wikipedia.org, investopedia.com, federalreserve.gov, brookings.edu
