Sentences with phrase «core inflation gauge»
Not exact matches
The «measures» to which Poloz refers above are the three gauges of core inflation the central bank adopted last autumn to give it better view on where prices are headed.
http://www.canadianbusiness.com/
That said, a simple model of price growth that includes an index of the dollar against our trading partners does an OK job of tracking year - over-year changes in core PCE inflation (the Fed's favored gauge).
The figure below shows some of the key indicators from the Fed's dashboard, including unemployment, the Fed's guess at the «natural rate» (the lowest unemployment rate consistent with stable inflation), actual inflation (PCE core, the Fed's preferred gauge), and the Fed's inflation target of 2 percent.
Sure, we're closing in on full employment, but the Fed's preferred inflation gauge, the core PCE, is below their 2 percent inflation target and slowing.
The Fed is on record as using Core PCE data as its primary inflation gauge.
Policymakers use the core personal consumption expenditure (PCE) index to gauge inflation.
The eurozone's core gauge of inflation has dropped to 1.5 %.