Why Interest Rates Have to Stay Low For a Very Long Time
Inflation is finally here, at its highest level since the aftermath of the 2008 crisis:We don't know if it's going to last but wages are finally rising, there is a shortage of seemingly everyt
The median PCE is a measure of inflation computed by the Federal Reserve Bank of Cleveland. It ranks the components of inflation and picks the one in the middle as the measure of the longer-term trend in prices. Its construction makes it less sensitive to short-lived price fluctuations, thereby capturing the trend in prices. Released monthly.
We provide explanations of basic and fundamental concepts on the definition of inflation, measurement of inflation, costs of inflation, the importance of measuring and controlling inflation, the role of the Federal Reserve in inflation, and other concepts such as price indexes, hyperinflation, trend and underlying inflation, measures of inflation like CPI, core CPI, median CPI, trimmed-mean CPI, PCE, core PCE, and trimmed-mean PCE.
Jump in Consumer Prices Raises Stakes in Inflation Debate
The increase in the Labor Department’s Consumer Price Index was well above forecasts. A top Fed official acknowledged the surprise but said, “This is one data point.”
Restaurant prices in the 19th century (followed by 20th, below) Note: Until the mid-19th century prices were often quoted in shillings and pence, or in Spanish dollars. One Spanish bit = 12½¢; One …
U.S. producer prices increased by more than forecast in March
U.S. producer prices climbed more than forecast last month in a broad advance, indicating inflationary pressures continue to build across the nation's economy.The producer price index for final demand increased 1 percent in March from the prior month after a 0.5 percent gain in February, the Labor…
Is Inflation on the Horizon for the U.S. Economy? | St. Louis Fed
U.S. inflation has generally been below the Fed’s 2% target since 2012. St. Louis Fed President James Bullard discusses reasons inflation could move somewhat higher over the next year or so.
Coronavirus: Sweatpants and hand sanitiser added to UK inflation calculations
The stats body said it had considered adding face masks and face covering but decided not to because 'usage could decrease rapidly once the population have been vaccinated.'