The PCE Price Index Remains Disappointingly Below Target [Dow Jones Industrial Average, SPDR S&P 500 ETF Trust]

But core PCE is such a key measure of inflation for the Federal Reserve that precision seems warranted.

For a long-term perspective, here are the same two metrics spanning five decades.

PCE Price Index

Note: The data source is Table 9 in the Excel file available in the right-hand column of the BEA’s report page.

This article is brought to you courtesy of Doug Short from Advisor Perspectives.

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