For decades, economists and central bankers have relied more on the Core Consumer Price Index than the headline CPI. Food and energy prices are notoriously unpredictable. Headline CPI can be skewed by ...
SALT LAKE CITY — A Tuesday report from the Labor Department shows overall annual inflation held steady in July even as prices on consumer goods and services moved up slightly on a monthly basis.
The Fed’s preferred inflation gauge, the core PCE price index, rose 2.7% year-over-year in May. This was higher than the expected 2.6% growth and a pickup from 2.6% in April. The headline index was up ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...