U.S. Consumer Prices Rise More Than Expected

The video discusses the Consumer Price Index (CPI) and inflation rates, highlighting a 4/10 percent gain and a 5.4% increase over the last 12 months. It covers the rise in food and shelter indices and their contribution to inflation. The market analysis section reviews the S&P, euro-dollar rates, and basis points changes. The final section examines the Federal Reserve's stance on inflation, tapering, and potential impacts on monetary policy, noting that current inflation rates have met the Fed's targets.

What was the percentage increase in the All items index over the last 12 months?

• 4.4%

• 3.4%

• 5.4%

• 6.4%

Which two sectors contributed more than half of the monthly increase in the All items index?

• Education and Recreation

• Food and Shelter

• Transportation and Healthcare

• Clothing and Utilities

How did the S&P perform according to the market action described?

• It increased by 1%

• It increased by 2/10 of 1%

• It remained unchanged

• It decreased by 2/10 of 1%

What is the current status of the Euro dollar as mentioned in the transcript?

• Weaker by 2/10 of 1%

• Stronger by 2/10 of 1%

• Unchanged

• Weaker by 1%

What is the Federal Reserve's current approach to inflation and tapering?

• They are neither tapering nor tightening

• They are tightening but not tapering

• They are tapering but not ready to tighten

• They are ready to start tightening immediately