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In his latest video, macro analyst Ben Cowan breaks down the most recent CPI report and what it means for the Federal Reserve, the labor market, and the broader business cycle. H...

How the BLS Builds the CPI

The CPI is not a rough estimate but a carefully built, survey-driven system refined over more than a century. To construct it, the BLS gathers price data on hundreds of everyday goods and services, known as th...

The U.S. Bureau of Labor Statistics released its inflation report
for March on April 10th.

The BLS reported the annual inflation at 3.3% for March.  But when we look at it to 2 decimal places, we 3.26%. CPI Index rose sharply from 326.785 to 330.213 Monthly Inflation for ...

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With the war in Iran and the Straits of Hormuz closed, Crude Oil has skyrocketed, taking gasoline prices with it. But how are gasoline prices doing on an inflati...