Financial Terms You Should Know: What Is CPI

Financial Terms You Should Know: What Is CPI? #personalfinance #cpi #interestrates Welcome to Wrestling With Finance! In today's video, we’re diving into the basics of a crucial financial term: the Consumer Price Index (CPI). Whether you're a seasoned investor, a student, or just someone looking to understand the economy better, this video is for you! What You'll Learn: 🔍 Definition of CPI: Understand what CPI is and why it's important. 📈 How CPI is Calculated: Learn about the basket of goods and services, data collection, and the methods used to calculate CPI. 💡 Why CPI Matters: Discover how CPI impacts everyday life, from inflation tracking to influencing Federal Reserve decisions. 📊 CPI vs. PCE: Find out why the Federal Reserve prefers the PCE Price Index over CPI. Don't forget to like, comment, and subscribe for more financial insights! Resources and Further Reading: Burea