Because the PCE and CPI differ in their formula, weighting, scope and other effects, their results are different. The Federal Reserve prefers to use the PCE price index to measure inflation.

The Consumer Price Index (CPI) is used as a chief barometer of inflation. But what is it and how is it calculated? CNBC Select explains below and recommends some cards that could help put money ...

This study argued that conventional methods and hedonic regression techniques can yield similar growth parameter estimates, suggesting that the choice of price index formula may not be as critical ...

The Consumer Price Index “is a measure of the average change ... Even some economists at the Federal Reserve choose to leave them out of the equation to come up with a more constituent view ...

Tom Werner / Getty Images The Consumer Price Index (CPI) is considered one of the most fundamental and critically important economic indicators used to measure inflation. A CPI is used not only in ...