What does the Fed mean when it says it's looking for 'good data'?

Mar 28, 2024
The latest Personal Consumption Expenditures index, or PCE, will be released Friday. Experts say there are other clues the Fed is looking for, too.
Basically, the Fed needs to feel the way it felt at the end of 2023 when inflation had been falling for half a year, says former Minneapolis Fed President Narayana Kocherlakota.
Chip Somodevilla/Getty Images

What's the difference between the CPI and the PPI?

Jan 12, 2024
These measures of inflation track the prices consumers pay and the prices producers receive for their wares. But they don't always line up.
CPI and PPI measure different things, so the numbers don't always match up.
Justin Sullivan/Getty Images

Health care costs were a main driver of inflation in September

Oct 27, 2023
Rising costs for prescriptions and hospital services were felt in latest PCE report, though health inflation has been mild in the past year.
By the end of the decade, health care is expected to account for about a fifth of the U.S. economy.
Joseph Prezioso/AFP via Getty Images

What’s the difference between CPI and PCE?

Oct 27, 2023
The consumer price index and the personal consumption expenditures price index measure the changing cost of different baskets of goods.
Housing is a bigger part of the CPI than the PCE, and the increase in housing costs has pushed the CPI higher.
Ethan Miller/Getty Images