CPI release highlights week as debt ceiling overhangs DC.

This week the Labor Department will issue the CPI for January.  While there are many data points that market watchers, economists and the Federal Reserve look at when making forecasts, in political circles no figure has the weight of the CPI number.  Politicians and the press focus on the CPI as it is generally easy to understand and tends to reflect costs that many Americans are paying.  Complexity is not something politicians and the press do well, so the CPI number tends to be...

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