Warning: There is a Long Way to Go Until the Next Fed Meeting

The US CPI data came out earlier but if the Fed and new Fed Chair had a favorite inflation measure it remains the PCE. The important thing to realize is that PCE is not simply CPI translated into another index The BEA builds PCE using a mix of CPI, PPI, and other so

The US CPI data came out earlier but if the Fed and new Fed Chair had a favorite inflation measure it remains the PCE.

The important thing to realize is that PCE is not simply CPI translated into another index

The BEA builds PCE using a mix of CPI, PPI, and other source data. For the monthly core PCE estimate, the biggest pieces traders watch are: From CPI: Many consumer-facing services and goods, particularly housing/rents, medical services, transportation services, recreation, education, and various other consumer services. CPI gives analysts an early

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