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The Fed uses PCE instead of CPI in their calculations. It might make your argument more convincing if you included an critique of PCE in addition to CPI. https
by jerry1979 6y ago
The Fed uses PCE instead of CPI in their calculations. It might make your argument more convincing if you included an critique of PCE in addition to CPI.
https://www.clevelandfed.org/newsroom-and-events/publications/economic-trends/2014-economic-trends/et-20140417-pce-and-cpi-inflation-whats-the-difference.aspx https://www.clevelandfed.org/newsroom-and-events/publication...
- whoisninja 6y agodepends what you mean by "Fed uses" as blanket term TIPS use CPI like a lot of other things in bond math: https://www.treasurydirect.gov/indiv/products/prod_tips_glance.htm https://www.treasurydirect.gov/indiv/products/prod_tips_glan...