#CPIWatch Get ready for today's Consumer Price Index (CPI) report! 📈 This economic indicator 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. It’s a key gauge of inflation and is closely watched by investors, economists, and policymakers.
Why does it matter? If the CPI comes in higher than expected, it signals that inflation is rising, which could prompt central banks to raise interest rates. Conversely, a lower-than-expected CPI might suggest a cooling economy, potentially leading to a rate cut. The CPI report has a significant impact on stock markets, bond yields, and currency values. Stay tuned for the release! #CPIWatch