Inflation
PCE, CPI, and the Fed's 2% target that anchors price expectations.
Supercore Inflation: Why the CPI Does Not Match What You Pay at the Register
The CPI's shelter component lags real-time rents by 12-18 months, distorting the headline inflation number. This guide explains CPI methodology, owners' equivalent rent, and supercore — the inflation measure Powell actually watches.
In Federal Reserve