Ricky Gutierrez
@rickygutierrezz·1.2M subscribers·5.3K videos
(CRASH UPDATE) NEW INFLATION REPORT RELEASED...
Posted
September 14, 2022
Views
15,424
Likes
783
Comments
84
Engagement
5.62%
September 14, 2022
15,424
783
84
5.62%
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5:50Now PlayingThe Producer Price Index for final demand fell 0.1 percent in August. Prices for final demand goods declined 1.2 percent, and the index for final demand services advanced 0.4 percent. Final demand prices moved up 8.7 percent for the 12 months ended in August.
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Jerome H. Powell, the Federal Reserve chair, faces a challenging moment as inflation proves more durable than policymakers expected.
What to expect from the upcoming Fed meeting. Of course, the Fed decision on Wednesday, that's at 2:00 PM, which is going to be dominating conversations all week. We're also going to be keeping our eyes on retail sales. That's also coming out Wednesday morning. Let's bring in our own Alexandra Semenova for everything we need to know.
The Consumer Price Index (CPI) 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. Indexes are available for the U.S. and various geographic areas. Average price data for select utility, automotive fuel, and food items are also available.
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