The Producer Price Index (PPI) is a family of indexes that measures the average change over time in selling prices received by domestic producers of goods and services. Are you ready for the live session tomorrow 1 hour before the market opens! PPIs measure price change from the perspective of the seller.. CPI data set inflation at 9.1% which is a 41 year high. Core inflation is at 5.9%.
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Jerome H. Powell, the Federal Reserve chair, faces a challenging moment as inflation proves more durable than policymakers expected.
What to expect from the upcoming Fed meeting. Of course, the Fed decision on Wednesday, that’s at 2:00 PM, which is going to be dominating conversations all week. We’re also going to be keeping our eyes on retail sales. That’s also coming out Wednesday morning. Let’s bring in our own Alexandra Semenova for everything we need to know.
The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas. Average price data for select utility, automotive fuel, and food items are also available.
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