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 ...

The Consumer Price Index (CPI) is used as a chief barometer of inflation. But what is it and how is it calculated? CNBC Select explains below and recommends some cards that could help put money ...