Boskin Archives - Marketplace

When it comes to inflation measures, the Federal Reserve prefers the PCE

by Kai Ryssdal and Sean McHenry

Apr 29, 2022

For monetary officials, the personal consumption expenditures gauge beats the CPI. A trip to the grocery store helps explain why.

When pressed about fighting inflation, survey participants say they want to hold the line on prices for essentials, says Eric Plutzer of the McCourtney Institute for Democracy. But "those policies require the Congress and the president to work together."

Frederic J. Brown/AFP via Getty Images

LISTEN

EMBED

SUBSCRIBE