Where’s inflation really heading? Traders and economists are using this real-time inflation gauge to get ahead of the curve ...Middle East

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By Elisabeth Buchwald, CNN New York (CNN) — If you want to know how much a publicly traded company is worth at any given time, all you have to do is look up its market cap, which updates in real time during trading hours. But if you want to know how fast prices are rising in the US, you get two official updates a month — the Consumer Price Index and the Personal Consumption Expenditures price index. Both come with a lag, can be revised several months later and can even be indefinitely delayed in the event of a government shutdown, as was almost the case with September’s inflation data. Despite these shortcomings, officials at the Federal Reserve rely on these government reports to hel

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Last updated : 12 June 2024 clock 11:48 PM

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Where’s inflation really heading? Traders and economists are using this real-time inflation gauge to get ahead of the curve ...Middle East

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