Business, 07.04.2020 21:00 granniejo

One reason economists have begun focusing on the Personal Consumption Expenditure measure for inflation is that the PCE deflator: takes the exchange rate value of the dollar into account. allows for a changing basket of goods. includes the price of assets such as stock portfolios. weights food more because food is a rising percent of expenditures.

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One reason economists have begun focusing on the Personal Consumption Expenditure measure for inflat...