One metric says inflation is at 2.4%, another says it is at 3.1%. Which is right?

The Federal Reserve's inflation target is 2.0%. That target is tied to the PCE Price Index, which has different component weightings than the CPI does and captures the substitution effect that the CPI ...

Since 2000, the Fed has used the personal consumption expenditures (PCE) price index, instead of the CPI, as its preferred measure of inflation. The Fed aims to achieve inflation at the rate of 2% ...

Analysis of CPI inflation data shows mixed results for December 2024, impacting Fed rate decisions and stock market ...

US Core CPI printed cool at .2% versus .3%. The CPI and PPI prints imply that PCE Core with come in at a cool .2% when it is ...

The USD-negative events yesterday have prompted a return to 1.030 in EUR/USD, but we expect US CPI to resume pressure on the ...

Consumer Price Index data for February is expected to show ... 0.19% for March on a headline monthly increase basis. The next PCE update will come on March 29, after the Fed’s upcoming meeting.

Another CPI report will be published before the May FOMC meeting, as well as two full rounds of PPI and PCE data ... rate cuts will remain on the table, with plenty of room for adjustment should ...

Scott Anderson, chief U.S. economist at BMO Capital Markets "The April CPI and PPI data now bode well for the Fed's preferred PCE inflation ... keeps rate cuts on the table. It was a trifecta ...

Notably, inflation in housing costs—a major CPI component—showed signs of easing. PCE, which weights housing costs less heavily than CPI, could provide a clearer signal on the broader ...

This most recent PCE report might suggest that the Fed could pause at the December meeting, but will the employment situation show a worsening in the job market? And will the CPI data show that ...