[00:02] not?  The same data gives the answer to this. CPI How much are people in America spending on things like milk, eggs, bread, rent, and fuel ?  This is told by CPI i.e. Consumer Price Index.  CPI is an inflation indicator that measures
[00:15] inflation indicator that measures If the CPI is higher than expected, it means that inflation is still high.  In such a situation, the US Federal Reserve may keep interest rates high for a longer period
[00:28] or delay rate cuts [music] to control inflation. But if the CPI is low, it increases the expectation of future interest rate cuts and this [music] is why
[00:43] investors around the world eagerly await this data. Because just one CPI report can change the direction of the US dollar, gold, bitcoin, stocks and almost the entire global financial market.  Now you understand that CPI is not just a number but
[00:55] one of the most important economic data in the world.