Alan Greenspan (1) 썸네일형 리스트형 Why the Fed Watches PCE, Not CPI — And What June's Drop Means In June, the Fed's preferred inflation gauge — Personal Consumption Expenditures (PCE) — fell for the first time in six years, easing pressure on policymakers just as hawkish dissent was building within the FOMC. To understand why this single data point matters so much, it helps to know where PCE came from in the first place: a metric born not purely out of economic theory, but out of a 1990s fi.. 이전 1 다음