CPI release on Wednesday

CPI

While the data team at Fundstrat looks at many measures of the economy, from a political perspective no measure is as significant as the Consumer Price Index (CPI). The CPI for April will be released on Wednesday morning at 8:30 before markets open.

When I worked on Capitol Hill the only measure of the economy that the press ever asked the House Member or Senator to comment on was the CPI.  It is easy for Members, reporters, and voters to understand, and of course is written into man...

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