CPI vs PCE: Why the Fed Prefers PCE Inflation
Given that inflation is a key factor in nearly every decision made by the Federal Reserve, it’s crucial to understand its composition and how it impacts fiscal and monetary policy. CPI (Consumer Price Index) and PCE (Personal Consumption Expenditures) are both measures of inflation, but they have some differences in composition, coverage, and usage. Coverage […]
CPI vs PCE: Why the Fed Prefers PCE Inflation Read More »
