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 is intended to help seniors and other Social Security recipients keep up with inflation and is based on Consumer Price ...
CPI report wasn't awful. But it wasn't nearly as good as the mainstream pundits made it sound. In fact, price inflation is ...
You spent more money in 2024 but didn't get very much more stuff. Retail sales charted a healthy increase but the data mostly ...
Since 1975, the COLA has been based on the previous year’s consumer-price index for Urban Wage Earners (CPI-W). CPI-W reflects spending that a worker would face, such as expenses for food ...