Macro
CPI
The CPI is the most widely cited inflation gauge in the United States, published monthly by the Bureau of Labor Statistics. It tracks everything from groceries and rent to gasoline and medical care.
Analysts often focus on core CPI, which strips out volatile food and energy prices to reveal the underlying trend. A hotter-than-expected reading can shift rate expectations and jolt both bond and stock markets.
Because the Fed's decisions hinge partly on inflation data, CPI release days are among the most market-sensitive of the month. Investors watch not just the headline number but how it compares with forecasts.
Example
A CPI print that comes in above expectations often pushes Treasury yields higher as traders price in tighter policy.
CPI — FAQ
What is CPI?
The Consumer Price Index (CPI) is a monthly measure of the average change in prices paid by urban consumers for a representative basket of goods and services.
Can you give an example of CPI?
A CPI print that comes in above expectations often pushes Treasury yields higher as traders price in tighter policy.
The term is free. The call is membership.
CPI is the vocabulary. Members get the monthly thesis that uses it: what changed, who could benefit, and what would prove the view wrong. $15/month or $150/year.
$15/mo or $150/yr · cancel future renewals anytime · sources included