U.S. Consumer Prices Drop for First Time in Over a Year

The video discusses the current state of consumer prices, highlighting a decrease in CPI and unchanged core CPI, which is below economists' expectations. This marks the first time since October 2010 that US core CPI has not increased. The video also explores the implications of these trends on the Federal Reserve's decisions, with a focus on Janet Yellen's upcoming conference and the Fed's inflation projections.

What was the recent change in the consumer price index (CPI)?

• Increased by 0.2%

• Increased by 0.5%

• Decreased by 0.2%

• Remained unchanged

When was the last time before now that the US core CPI did not increase?

• March 2015

• January 2008

• October 2010

• July 2012

What recent trend has been observed in food and fuel prices?

• Prices have remained stable

• Prices have increased significantly

• Prices have decreased slightly

• Prices have fluctuated wildly

What is the significance of the CPI data for the Federal Reserve?

• It will lead to an immediate interest rate hike

• It has no impact on the Federal Reserve's decisions

• It influences the Fed's projections on inflation

• It will cause a decrease in government spending

What event is Janet Yellen expected to participate in following the CPI data release?

• A financial summit

• A meeting with economists

• A press conference

• A public debate