More commonly known as the inflation rate, it measures the increase or decrease in prices of a variety of goods month to month or year to year. The higher the rate, the less buying power the US dollar has in the economy, which means goods become relatively more expensive. The rate of inflation was reported as 0.65 on March 01, 2024.
See for yourself how our web-based terminal experience provides the analysis and insight you need—and go beyond with our future-focused tools for stock picking, screening, and charting, including the predictive power of the Zacks Rank.