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Personal consumption expenditures price index

The Fed's about to get its preferred measure of inflation. Here's what it could mean.

by Stephanie Hughes
Oct 30, 2024
The PCE index could come in at the central bank's much-vaunted target of 2% inflation.
The PCE may have dipped to or close to the Federal Reserve's 2% inflation goal, thanks in part to falling gas prices.
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The federal government has two main measures of inflation. They don't agree.

by Nancy Marshall-Genzer
Sep 9, 2024
The CPI shows consistently higher inflation than the PCE because it emphasizes different prices. Their gap has been wider than usual.
One reason for the gap between CPI and PCE inflation numbers? The CPI asks consumers how they're spending their money, while the PCE measures all money spent by consumers and businesses.
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