Stories Tagged as
Personal consumption expenditures
Why services inflation is stickier than goods inflation
by
Justin Ho
Oct 27, 2023
Goods inflation has slowed down a lot over the last year, thanks in part to higher interest rates. But the Federal Reserve is having a harder time slowing services inflation.
In the midst of inflation, companies continue to hike prices — and reap major profits
Apr 27, 2023
So far, price increases have not driven customers away. But there’s evidence that is starting to change.
What the Federal Reserve's favorite inflation measure can tell us
Jan 25, 2023
The personal consumption expenditures price index, better known as the PCE, tracks what we paid for goods and services in the previous month.
Next week's economic data will tell us a lot
Nov 25, 2022
Reports on inflation, consumer confidence and jobs will be consequential. We asked economists to point out the most important items.
What do different measures of inflation tell us?
Jun 30, 2022
The PCE and CPI measure different things, but the message they send to consumers may influence expectations — that then can affect inflation.
Consumers have shifted spending away from goods and toward services
by
Justin Ho
May 26, 2022
But they'll shift back when goods they want — like cars — become available.
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.