Because the PCE and CPI differ in their formula, weighting, scope and other effects, their results are different. The Federal Reserve prefers to use the PCE price index to measure inflation.

This study argued that conventional methods and hedonic regression techniques can yield similar growth parameter estimates, suggesting that the choice of price index formula may not be as critical ...

If you receive Social Security benefits, your payments are getting bigger this year. That’s because you’re getting a Cost of ...

CPI report wasn't awful. But it wasn't nearly as good as the mainstream pundits made it sound. In fact, price inflation is ...