[xzins]

The most common type of core inflation measures excludes items

It does prove my point. The Fed uses core inflation measures that excludes volatile items.

How can you say they don't use them when you've just posted the portion of the link that says they do use them?

[Toddsterpatriot]

It does prove my point. The Fed uses core inflation measures that excludes volatile items.

The Fed looks at Core CPI (as well as a bunch of other things), I've never, ever, ever denied that.

I seemed to remember hearing that Greenspan liked looking at PCE, not sure if I read that Bernanke liked it or not.

You claimed that PCE excluded volatile items. Your link didn't prove that claim.