PCE Inflation (2.9%, 3.0%) and GDP Inflation (3.7%) Got Hotter, but CPI Inflation (2.4%) Cooled. Why? The Fed Needs to Pay Serious Attention
Wolf Street | The stories behind business, finance, and money […
February 21, 2026
The PCE price index gets pushed down far less by the doctored housing index than CPI does because housing weighs half as much in PCE.
Discussion in the ATmosphere