PCE

PCE, the personal consumption expenditures price index, is the inflation measure the Fed targets at 2%, published by the BEA. It prices the basket a second way, with different weights, lands about two weeks after CPI, and usually moves less because CPI already told the market most of it. Why the Fed votes on this one and the news leads with CPI.

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In MochaLearnSee how the Fed moves US markets in MochaLearn
  • CPICPI, the consumer price index, is the monthly US measure of what a basket of goods and services costs households…
  • Core CPICore CPI is CPI with food and energy removed, the volatile parts that interest rates cannot fix. The market often…
  • PPIPPI, the producer price index, measures the prices businesses receive, which makes it inflation upstream of the shop…
  • Federal ReserveThe Federal Reserve is the US central bank, built in 1913 after the 1907 bank runs were stopped by one banker. It sets…
  • Nonfarm payrollsNonfarm payrolls is the BLS count of jobs added in the US last month, released at 6:00 PM IST, 7:00 PM in winter…
  • Bid-ask spreadThe bid-ask spread is the gap between the best price to sell (bid) and the best price to buy (ask). Buy at the ask…

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