Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
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Limitations of the Consumer Price Index (CPI)The CPI tracks the average price of a basket of goods, including basic foodstuffs, housing costs, clothing, healthcare, and recreational items. It does not account for qualitative changes or ...
This change, known as rebasing the Consumer Price Index (CPI), is more than just a technical update—it’s about understanding ...
Consumers paid 1.8% more in September 2024 than they did a year ago for the basket of goods and services included in the ...
The non-partisan advocacy group The Senior Citizens League predicts the 2026 COLA will be 2.1%, based on data from the Bureau ...
The statement noted that exercise is vital to ensure that the CPI basket, which tracks the prices of goods and services, accurately represents present-day spending habits. It noted that the ...
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