Power & Market
Author:
Artis Shepherd
Online Publish Date:
On April 10th, the Bureau of Labor Statistics reported figures for the March Consumer Price Index (“CPI”). CPI purports to represent changes in the overall price level of the American economy – an obscenely vague abstraction in a country of 350 million people. Let’s pretend for a moment that it does that. In March, overall CPI grew at 3.5 percent