Inflation FAQ
The Federal Reserve Bank of Dallas has published a helpful interview with Jim Dolmas, a senior economist at the bank, in which he answers basic questions about how inflation is measured:- How do recent inflation readings compare with historical trends?
- Haven't we seen particularly big increases in food and energy this time?
- What about the perception that inflation statistics don't match consumers' experiences when they shop?
- Shouldn't the cost of shelter be going down with housing prices?
- Why exclude food and energy from the inflation rate for core services?
- Are there other measures that help reveal inflation trends?
- What's the difference between the price index for personal consumption expenditures (PCE) and the consumer price index (CPI)?
Labels: Business acumen, Documentation
posted by Karen Nelson @ 2:33 PM
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