Measuring key aspects of a nation’s economy is important, but the metrics used are often misunderstood by many. Quantifying ...
That measure — known as the personal consumption expenditures price index — doesn’t put as much weight on shelter as the CPI, which is one reason why it’s trending closer to the Fed’s 2% target.
Notably, inflation in housing costs—a major CPI component—showed signs of easing. PCE, which weights housing costs less heavily than CPI, could provide a clearer signal on the broader ...
That measure — known as the personal consumption expenditures price index — doesn’t put as much weight on shelter as the CPI, which is one reason why it’s trending closer to the Fed’s 2% target.
Thus, core CPI is settling at around 3.5% level - and this is well above the Fed's target of 2% core PCE inflation ... rent of residences OER, which weights 27.1% in the overall price index.
That measure — known as the personal consumption expenditures price index — doesn’t put as much weight ... the CPI report, several economists called for the December core PCE — due at ...
Together with the month’s PPI data, we think the core PCE deflator – the Fed’s preferred inflation ... expenditures price index — doesn’t put as much weight on shelter as the CPI, which is one reason ...
The stock market rebounded to or above key levels on tame inflation data and strong bank earnings. Many stocks flashed buy ...
The so-called core consumer price index — which excludes food and energy costs — increased 0.2% after rising 0.3% four straight months.