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 is the significance of the Federal Reserve's conversation on November 3rd in relation to the CPI numbers?

What impact has the rise in oil prices had on gasoline prices and the headline CPI number?