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PCE vs CPI: Why Does the Fed Prefer the PCE? How Are the Two Inflation Metrics Different?
InvestorPlace· 1 day agoAt a very basic level, the CPI is constructed by the Bureau of Labor Statistics (BLS), while the PCE is made by the Bureau of Economic ...
Social Security benefits could be dramatically changed under new bill
Newsweek· 5 hours ago...Benefits and COLAs Act, is an attempt to amend Title II of the Social Security Act to require the...
Consumer Price Index inflation jumps to 1.0% vs. 0.8% expected
The Forex Market· 19 hours agoAnnually, Australia’s CPI inflation fell to 3.6% in Q1 2024 from the previous print of 4.1% and above the market consensus of 3.4%. The monthly Consumer Price< ...
Best CD rates today: Don't wait on high APYs of up to 5.40% across CD terms of 9+ months — April 24,...
AOL· 9 hours agoBut complicating the Fed's next move is March's Consumer Price Index data released on April 10 that...
What’s the Difference Between the CPI and PCE Indexes?
Morningstar· 1 day agoWhen most investors think about inflation, they think about the Consumer Price Index. When Fed officials talk about their 2% target for ...
Social Security’s COLA formula could change under new proposal — and mean higher benefits for...
Market Watch· 10 hours agoEach year, the Social Security benefits for about 71 million Americans get a cost-of-living...
Will Hotter-Than-Expected March Inflation Push CD Rates Higher?
The Motley Fool· 2 hours agoJust when you thought hot inflation had finally cooled off, out jumps some indication that the...
Inflation surge has put off rate cuts, hurt stocks. Will it still slow in 2024?
USA TODAY via Yahoo Finance· 11 hours agoHow high was inflation last month? The Labor Department’s worrisome report on the consumer price ...
Mexico’s consumer prices up 0.09% in early April
WSAU Wausau· 7 hours ago(Reuters) - Mexico's consumer prices unexpectedly rose in the first half of April, national statistics agency INEGI said on Wednesday, reinforcing...
AUD/JPY extends winning streak following positive Australian Consumer Inflation data
The Forex Market· 15 hours agoAUD/JPY gains ground for the third successive day after paring intraday losses on Wednesday....