Economy
Saturday, 6/27, 04:43 AM
What Is the PCE Inflation Gauge, and Why Does the Fed Prefer It?
- The Federal Reserve's official inflation yardstick is not the one most people know from the headlines.
- Here is what the Personal Consumption Expenditures price index measures, how it differs from the CPI, and why it sits at the center of every U.S.
- rate decision.


