Fed's Favored Inflation Measure May Show Softer Rise Than CPI Suggests The Consumer Price Index (CPI) data for January revealed an unexpected surge, with core prices, excluding food and energy, climbing by 0.4% and surpassing many predictions. This uptick was largely driven by a 0.7% increase in core services, marking the most significant rise since September 2022. However, this spike in the CPI might not fully translate to the Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures (PCE) index. Key differences between these measures, such as the lower weighting of shelter costs and distinct calculations for medical care services in the PCE, mean inflation rates reported by the core CPI could remain higher than those shown by the core PCE index. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts "Buy Gold and BURY IT" – Chris Martenson w/ Mike Maloney READ MORE U.S. Oil Falls as Fears of Iran-Israel Conflict Recede, Trading Below $81 READ MORE Incrementum: The Gold/Gas Ratio 2024 READ MORE 100,000,000+ Ounces of Digital Silver Traded in 1-Hour READ MORE China's Economy Struggles Gain Momentum: Inflation and Factory Prices Disappoint READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment