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- Daily mortgage rates for May 2, 2024: Mortgage rates steady after Fed leaves benchmark rate...
  AOL· 5 hours ago
  See average mortgage rates for today, for a 30-year fixed mortgage, 15-year fixed, jumbo loans,...
- The Social Security COLA Forecast for 2025 Keeps Getting Bigger. Here's How Much Benefits Could...
  Motley Fool via Yahoo Finance· 8 hours ago
  Many readers are probably familiar with the Consumer Price Index. The Social Security Administration...
- McDonald's and other big brands warn that low-income consumers are starting to crack
  CNBC· 2 days ago
  "It is clear that broad-based consumer pressures persist around the world," McDonald's CEO Chris...
- Swiss Franc Rises On Strong CPI Data
  RTT News· 6 hours ago
  Data from the Federal Statistical Office showed that the consumer price index, or CPI, climbed 1.4 percent year-over-year in April, after ...
- Best CD rates today: Enjoy sweet savings with high guaranteed returns across all CD terms — May 2,...
  AOL· 4 hours ago
  April inflation data comes in higher than expected, complicated Fed's next move Complicating future...
- Savings account rates today: Unchanged Fed rate good news for savers looking to earn high APYs — May...
  AOL· 4 hours ago
  April inflation data comes in higher than expected, complicated Fed's next move Complicating future...
- DXY index and gold price forecast ahead of US NFP data
  Invezz· 15 hours ago
  The US dollar index (DXY) and the price of gold retreated slightly after the Federal Reserve...
- Japan Inflation: Tokyo Consumer Price Index rises 1.8% YoY in April vs. 2.6% expected
  The Forex Market· 7 days ago
  The headline Tokyo Consumer Price Index (CPI) for April rose 1.8% YoY, compared to a 2.6% rise in...
- 4 Defensive Stocks to Buy Amid Sinking Consumer Confidence
  Zacks via Yahoo Finance· 2 hours ago
  Stocks like Atmos Energy Corporation (ATO), California Water Service Group (CWT), Pinnacle West...
- S&P (SPX) today: The index is up 6.41% YTD
  USA Today· 41 minutes ago
  The S&P 500 opened today at 5,049.32. Within 30 minutes of trading, the benchmark index fell by 14.97 points, or 0.30%, to 5,034.35. Year to date, the...

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Consumer Price Index (CPI)
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bls.gov/cpi
The Consumer Price Index (CPI) measures the monthly change in prices paid by U.S. consumers. The U.S. Bureau of Labor Statistics (BLS) calculates the CPI as a weighted average of prices for a basket of goods and services representative of aggregate U.S. consumer spending. investopedia.com
- What goods and services does the CPI cover?: ‎BLS has classified all expenditure items into more than 200 categories, arranged into eight major groups (food and beverages, housing, apparel, transportation, medical care, recreation, education and communication, and other goods and services).
- Which index is the "official CPI" reported in the media?: The broadest and most comprehensive CPI is called the All Items Consumer Price Index for All Urban Consumers (CPI-U) for the U.S. City Average, 1982-84=100. The CPI-U represents the 93% of the U.S. population not living in remote rural areas. CPI-U is the basis of the widely reported CPI numbers that matter to financial markets.
- How is the CPI used?: ㅤ
- • As an economic indicator: ‎As the most widely used measure of inflation, the CPI is an indicator of the effectiveness of government fiscal and monetary policy.
- • As a deflator of other economic series: The CPI and its components are used to adjust other economic series for price change and to translate these series into inflation-free dollars.
- • As a means for indexation (i.e. adjusting income payments): Over 2 million workers are covered by collective bargaining agreements which tie wages to the CPI.
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Source: investopedia.com, wikipedia.org, bls.gov

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Daily mortgage rates for May 2, 2024: Mortgage rates steady after Fed leaves benchmark rate...

The Social Security COLA Forecast for 2025 Keeps Getting Bigger. Here's How Much Benefits Could...

McDonald's and other big brands warn that low-income consumers are starting to crack

Swiss Franc Rises On Strong CPI Data

Best CD rates today: Enjoy sweet savings with high guaranteed returns across all CD terms — May 2,...

Savings account rates today: Unchanged Fed rate good news for savers looking to earn high APYs — May...

DXY index and gold price forecast ahead of US NFP data

Japan Inflation: Tokyo Consumer Price Index rises 1.8% YoY in April vs. 2.6% expected

4 Defensive Stocks to Buy Amid Sinking Consumer Confidence

S&P (SPX) today: The index is up 6.41% YTD

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