CPI vs Core CPI vs PCE: How the Fed’s Inflation Gauges Differ
Why the Fed targets PCE inflation at 2%, how CPI and PCE differ in formula, scope, and weights, and what June 2026’s readings actually show.
Why the Fed targets PCE inflation at 2%, how CPI and PCE differ in formula, scope, and weights, and what June 2026’s readings actually show.
CPI vs PCE explained: how the two US inflation gauges differ in scope, weights, and formula, and why the Fed’s 2% target rides on core PCE.