Dec 22, 2021

How do you measure inflation? It helps to know your PCEs from your CPIs.

Spencer Platt/Getty Images

Also today: Concerns over omicron have led to several big-name companies bailing out of the Consumer Electronics Show, one of tech's biggest events. Susan Schmidt of Aviva Investors is here to talk about the markets with us.

Segments From this episode

What the PCE index tells us about inflation

by Amanda Peacher

Dec 22, 2021

The Fed looks to the Personal Consumption Expenditures, or PCE – as a real time measure of inflation alongside the Consumer Price Index.

The PCE factors in consumer substitutions, like if people buy chicken instead of beef because it's cheaper.

Getty Images

LISTEN

EMBED

The team

David Brancaccio Host

Victoria Craig Host, BBC

Stephen Ryan Senior Producer, BBC

Jonathan Frewin Producer, BBC

Jay Siebold Technical Director

Meredith Garretson Morbey Senior Producer

Erika Soderstrom Producer

Rose Conlon Producer

Alex Schroeder Producer

Redmond Carolipio Digital Producer

Jesson Duller Media Producer

Latest Episodes From Our Shows

3:40 PM PDT