The year-over-year change in the U.S. Consumer Price Index for All Urban Consumers (CPI-U, all items), published monthly by the Bureau of Labor Statistics.
It is the most-cited measure of consumer inflation and a primary input to the Federal Reserve's policy stance.
Observers treat inflation as one input to where rates — and therefore discount rates across risk assets — settle. We show it as backdrop, not as a price driver.
Descriptive context, not a forecast or a recommendation. We show conditions and let you draw the connection; we do not assert that this indicator moves any price.