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What: The Consumer Price Index
When: Thursday
Who: The Bureau of Labor Statistics
Why it’s worth checking: It’s the monthly measure of inflation–and inflation affects your wallet. But it also affects the stock and bond markets because investors change strategies based on trends toward inflation or deflation.
The last report, in December, showed that the CPI declined 0.2 percent in November. Wall Street welcomed the news, which suggested inflation might be under control.
