Bureau of Labor Statistics Denies Removing Coffee From CPI

The last time I covered the subject of coffee, “experts” tried to gin up fears about caffeine addiction.


It turns out that three out of four Americans drink coffee daily, and over a third enjoy 3-5 cups each day. To say coffee is a staple of the national diet is no understatement.

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Coffee ties into some recent news released about the Biden administration today. New Consumer Price Index data was just released, resulting in a positive jolt to the stock market.

Global stock markets rose to record highs while U.S. Treasury yields and the U.S. dollar fell on Wednesday as data showed U.S. consumer prices rose less than expected in April, suggesting inflation has resumed a downward trend in the second quarter...

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