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What is the cpi data in the United States?
Consumer price index CPI? (consumer? Price? Index) is a macroeconomic indicator reflecting the changes in the price level of consumer goods and services generally purchased by households. Its change rate reflects the degree of inflation or deflation to some extent. Nowadays, the Fed is trying to stabilize prices, even at the expense of the job market to reduce inflation, which also explains the importance of every inflation data.

In the third week of each month, the US Department of Labor released the CPI data of last month. Simply put, if the CPI in the United States is too high, it is possible to raise interest rates, which is beneficial to the US dollar and unfavorable to gold and silver. On the contrary, if the CPI in the United States is too low, there will be room to cut interest rates, which is bad for the dollar and good for gold and silver.