Excerpt
Excerpt
July 11, 2023, Audio: "The Bureau of Labor Statistics will release its latest this week for the month of June. The monthly index is one indicator of inflation, and economists are forecasting a bit of cooling. That would be a good sign for the Federal Reserve as it tries to get inflation under control. The CPI is kind of like a month-to-month snapshot of increases or decreases in what we pay for goods and services. Things like food, gas, clothing, cars, travel, and entertainment."