AI TRENDS | St. Louis Fed Economist Questions Core PCE’s Inflation Signal
2026-07-21 14:16:41
The Federal Reserve has long relied on core PCE to judge underlying inflation, but a St. Louis Fed economist said the traditional method may remove parts that should not be excluded. According to Jin10, the economist said food prices are not a source of unusual volatility, and that energy commodities are what really affect inflation readings.
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