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To: xzins
Thanks for the link.

Last paragraph that begins “Finally,...”

Doesn't prove your claim.

PCE uses core inflation that eliminates those areas they consider volatile.

Talks about additional measures.

110 posted on 02/20/2014 9:11:03 PM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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To: Toddsterpatriot
Although food and energy make up an important part of the budget for most households--and policymakers ultimately seek to stabilize overall consumer prices--core inflation measures that leave out items with volatile prices can be useful in assessing inflation trends.

I don't think you're paying sufficient attention to the above line from the final paragraph at the link.

It gives the Fed's preference.

112 posted on 02/21/2014 2:40:16 AM PST by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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