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🔥 Why is the CPI important?
\* The CPI (Consumer Price Index) is the most important measure of inflation, reflecting changes in the prices of goods and services.
Key points:
1️⃣ It determines the direction of interest rates and Federal Reserve decisions.
2️⃣ It directly affects market movements.
3️⃣ It strongly influences the dollar, gold, and stocks.
The CPI is a simple number… but its impact on market direction is significant.
Trending today for the data at 8:30 PM New York time.
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