BLS

What Is CPI? The Inflation Number That Decides the Fed’s Next Move

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What Is CPI? The Inflation Number That Decides the Fed’s Next Move What is CPI? It’s the closest thing the economy has to a monthly report card on the cost of living — and on Friday, September 11, at 8:30 a.m. sharp, the next one lands with unusual weight. Wall Street, in Fortune’s phrase, is … Read more

Jobs Report: How One Number Moved Every Market — and How to Read It Yourself

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Jobs Report: How One Number Moved Every Market — and How to Read It Yourself Jobs report explained in one scene: yesterday morning at exactly 8:30 a.m. Eastern, a US government agency published a single number — +162,000 — and within seconds, stock futures jumped, bond yields moved, and forecasts for the Federal Reserve’s next … Read more