It measures the price of a basket of household goods and services ... U.S. Bureau of Economic Analysis. "What Is the Core PCE Price Index?" Board of Governors of the Federal Reserve System.
account for 43% of the core CPI basket but less than 18% of core PCE outlays. Airline fares rose 3.2% on the month, contributing to a 0.4% increase in overall transportation service prices.
which is based on a fixed basket of goods and services, does not. Those are key reasons why PCE inflation, as well as core-PCE inflation, runs below CPI and core-CPI inflation. In any case, inflation ...
Core PCE inflation, the Fed’s preferred metric ... Housing is a huge part of the inflation basket, and when rents rise, inflation rises with them. This dynamic has been fueling the fire even ...
which is based on a fixed basket of goods and services, does not. Those are key reasons why PCE inflation, as well as core-PCE inflation, runs below CPI and core-CPI inflation. In any case, inflation ...
But that's not to say that today's CPI report won't move yields or the USD, however. Inflation concerns in the US did ease ...