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Two Measures of Inflation and Fed Policy

Summary:
[unable to retrieve full-text content] The BEA's Core Personal Consumption Expenditures Chain-type Price Index for October, released Wednesday morning, shows that core inflation is below the Federal Reserve's 2% long-term target at 1.59%. The October Core Consumer Price Index release is higher at 2.31%. The Fed is on record as using Core PCE data as its primary inflation gauge.

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[unable to retrieve full-text content]
Two Measures of Inflation and Fed Policy

The BEA's Core Personal Consumption Expenditures Chain-type Price Index for October, released Wednesday morning, shows that core inflation is below the Federal Reserve's 2% long-term target at 1.59%. The October Core Consumer Price Index release is higher at 2.31%. The Fed is on record as using Core PCE data as its primary inflation gauge.

Doug Short
My original dshort.com website was launched in February 2005 using a domain name based on my real name, Doug Short. I'm a first wave boomer with a Ph.D. in English from Duke and a lifelong interest in economics and finance. In 2011 my website was acquired by Advisor Perspectives.

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