It’s spring break and the boys, well two of them, decided to join me for a new Whiteboard Series video. We’ve been hearing a lot about the Federal Reserve raising interest rates to keep inflation in line; the last Whiteboard Series video covered what is meant by a hawkish and dovish Fed. Today, Roman and Leo help me explain another term related to inflation: the Consumer Price Index aka CPI.
You will continue to hear about CPI and whether or not it is increasing, decreasing or staying the same. But what does that mean, and why should you care? Well, check out this quick video for an intro to CPI and what it is.
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