07: CONSUMER PRICE INDEX- ECONOMIC REPORTS FOR ALL MARKETS This is the 7th video in a series on economic reports created for all markets, or for those who simply have an interest in economics. In this lesson we cover the Consumer Price IndexCheck out the entire free forex course (in process): www.FreeForexAcademy.com The Free Forex Academy is a partner of InformedTrades.com, a community of traders dedicated to learning. At the Free Forex Academy, we are in the beginning stages of creating an entire comprehensive series of courses on forex trading. This section is on economic reports, and the information in it applies to all markets. Learn Forex for free! Take the entirely free course at the link above or on youtube. Practice live forex trading with real time charts and live price feeds for free while you learn. Get a totally free virtual trading account here- http Link to the Consumer Price Index: www.bls.gov Text from vid: The CPI measures the changes in retail prices for goods and services. In the US, it is considered the number one indicator for inflation, and it is one of the main economic reports the Fed uses when determining when to change interest rates. I’ll post a link for the report in the text next to the video. If you have not done so already, you may want also watch my video on inflation in the Understanding Economics section. The consumer price index measures a weighted basket of about 200 commonly purchased goods and services. Each month, the BLS determines …

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Filed under: Consumer Price Index (CPI)

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