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Fed’s Preferred Inflation Metric Increases by Most in a Year
Bloomberg Businessweek
Analyzing Inflation Metrics and Fed's Preferences
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Exploring the differences between PCE and CPI inflation metrics, this chapter delves into why the Fed favors the Personal Consumption Expenditures index. The discussion touches on the debate surrounding inflation targets, potential adjustments, and recent economic data, hinting at the Fed's alignment with current economic trends.
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