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The PCE price index (PePP), also referred to as the PCE deflator, PCE price deflator, or the Implicit Price Deflator for Personal Consumption Expenditures (IPD for PCE) by the Bureau of Economic Analysis (BEA) and as the Chain-type Price Index for Personal Consumption Expenditures (CTPIPCE) by the Federal Open Market Committee (FOMC), is a United States-wide indicator of the average increase ...
The United States Consumer Price Index (CPI) is a family of various consumer price indices published monthly by the United States Bureau of Labor Statistics (BLS). The most commonly used indices are the CPI-U and the CPI-W, though many alternative versions exist for different uses.
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Last week, the Labor Department reported a larger-than-expected 0.5% month-over-month increase in CPI for January. The comparable Personal Consumption Expenditures Price Index the Fed uses for its ...
Ahead of Friday's PCE release, Federal Reserve Chair Jerome Powell noted recent inflation data "[adds] somewhat to confidence" inflation is moving toward the Fed's 2% target. The Fed's next ...
The May PCE report is the latest update on inflation as investors ponder when the Federal Reserve will cut interest rates. Fed's preferred inflation gauge shows prices rose at slowest pace since ...
A CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indices and sub-sub-indices can be computed for different categories and sub-categories of goods and services, which are combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the ...
The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), covers approximately 29 percent of the U.S. population. This index is used predominantly for adjusting Social Security ...