Definition
An index tracking prices paid by consumers for a representative basket.
Why it’s relevant today
CPI releases frequently reset expectations for rates and real incomes.
Why it matters
It is a major gauge of inflation's household impact.
An index tracking prices paid by consumers for a representative basket.
CPI releases frequently reset expectations for rates and real incomes.
It is a major gauge of inflation's household impact.
Discussion
Sign in to upvote, join the discussion, and keep track of what you learn.
Start the discussion with a question, example, or useful connection.