Personal Consumption Expenditures: Chain-type Price Index

(PCEPI)

Bureau of Economic AnalysisInflation & Price IndicesMonthly

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About Personal Consumption Expenditures: Chain-type Price Index

The PCE Price Index is the Fed's preferred inflation gauge — broader than CPI and uses chain-weighting to adjust for substitution. The FOMC officially targets 2% PCE. More important than CPI for rate decisions.

SOURCE: BUREAU OF ECONOMIC ANALYSIS · 0 OBSERVATIONS