The Federal Reserve in the US is now using “supercore inflation” to guide interest-rate policy. This narrow measure of inflation comprises the prices of services (e.g. barbers, lawyers, plumbers) excluding housing and energy prices. The Fed is paying close attention to services as they tend to be driven by the cost of labor, which the […]
What Is the CPI (Consumer Price Index), and How Do Traders Use It? Last updated: 3 July 2026 · By Spencer Li, CFTe The Consumer Price Index (CPI) is a monthly measure of the average change in prices that consumers pay for a fixed basket of goods and services, and it is the number traders […]
In last week’s NFP (non-farm payroll) report, the US added 517,000 jobs in January, higher than expected and pushing the unemployment rate down to 3.4%, its lowest since 1969. Job growth was revised higher for November and December, adding an additional 71,000 jobs. The strong job growth may not be welcomed by the Federal Reserve, […]
The Federal Reserve recently raised its interest rates by a quarter point, signaling that more rate increases are on the horizon. Despite this stance, investors are betting on only one more quarter-point increase, with some suggesting that the Fed may even cut its target range back to its current level by the end of next […]
What Is the Non-Farm Payroll (NFP), and How Do Traders Use It? Last updated: 3 July 2026 · By Spencer Li, CFTe The Non-Farm Payroll (NFP) is a monthly report from the US Bureau of Labor Statistics that measures the change in the number of US jobs, excluding farm workers, government, private household, and non-profit […]
