UNIJOS MTL COMMUNITY

CPI is relevant because it measures the cost of living which also means real world impact, it basically tracks how much our everyday items cost overtime

They tell us the story of what price did during a particular period of time.

I think I’d answer that

It dictates central bank interest rates

In simple terms: CPI tells traders

CPI (Consumer Price Index)

It is an important economic news report that shows whether the prices of goods and services are rising or falling.

Example: If CPI comes out higher than expected, it may indicate higher inflation, which can cause strong movements in currencies such as the USD.

Is just an indicator that shows the price range of the market

It helps to create a long market volatility, so it helps the traders!

And this is because the the a CPI forces central banks to change interest rates

In trading, a candlestick shows what happened to the price during a specific period—for example, 1 minute, 5 minutes, 1 hour, or 1 day.

It surely does but I’d like you to shed more light here

It surely does but I’d like you to shed more light here

Like you said it’s a gauge, to increase where necessary and to reduce while necessary

But then, if CPI is too low, they might lower the interest rate to stimulate borrowing and promote economic growth

So, whether too high or too low, the win is a win for CPI