Because the PCE and CPI differ in their formula, weighting, scope and other effects, their results are different. The Federal Reserve prefers to use the PCE price index to measure inflation.
This study argued that conventional methods and hedonic regression techniques can yield similar growth parameter estimates, suggesting that the choice of price index formula may not be as critical ...
The Consumer Price Index (CPI) is used as a chief barometer of inflation. But what is it and how is it calculated? CNBC Select explains below and recommends some cards that could help put money ...
CPI report wasn't awful. But it wasn't nearly as good as the mainstream pundits made it sound. In fact, price inflation is ...
There are growing concerns about the stickiness of inflation and fears that the Federal Reserve may have to keep interest rates restrictively high for longer.