What’s the difference between CPI and PCE?
About two-thirds of Americans say their expenses have risen in the past year, but only about a quarter say their income is up, according to new Associated Press poll. That’s how inflation feels to we...
View ArticleHere’s why your car insurance is more expensive these days
If you want to get into the nitty gritty of the Consumer Price Index out this week — and we do — let’s direct our attention to the table of consumer expenditures listed out by the Bureau of Labor...
View ArticleWhat’s the difference between the CPI and the PPI?
There are a few different ways to measure inflation. We’ve got the Federal Reserve’s preferred measure, the personal consumption expenditures index, or PCE. There’s the consumer price index — which...
View ArticleRising import prices put pressure on slowing inflation
We got a couple pieces of economic data today that weren’t exactly moving in the right direction. One was the latest retail sales report. Those were down in January, according to the Census Bureau....
View ArticleConsumers might wish for prices to drop, but here’s why deflation is not a...
Prices rose again last month, slightly more than they did in January, according to the latest consumer price index out Tuesday from the Bureau of Labor Statistics. Across the board, prices are now...
View Article