I keep seeing that PCE is the fed's preferred method of gauging inflation, and separately it's a well-known fact they are targeting 2%. But what inflation metric specifically are they targeting? Is it CPI or PCE?
I keep seeing that PCE is the fed's preferred method of gauging inflation, and separately it's a well-known fact they are targeting 2%. But what inflation metric specifically are they targeting? Is it CPI or PCE?
Leave a Reply