CPI vs PCE: Why the Fed Targets PCE Inflation
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.
fed 2% target
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.