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What does the rise in crude oil mean for US cpi?
The rising cpi in the United States means that the income level of American residents has increased, indicating that families have additional assets to manipulate, which will be beneficial to the stock market. Conversely, the decline in cpi in the United States represents a decline in the income level of American residents, indicating that families do not have much assets to invest, which is bad for the stock market to some extent.