Excerpt
Excerpt
July 11, 2023, Audio: "The Bureau of Labor Statistics will release its latest consumer price index this week for the month of June. The monthly index is one indicator of inflation, and economists are forecasting a bit of cooling. That would be a good sign for the Federal Reserve as it tries to get inflation under control. The CPI is kind of like a month-to-month snapshot of increases or decreases in what we pay for goods and services. Things like food, gas, clothing, cars, travel, and entertainment."