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).
In recent years, inflation's been pretty low, averaging 1.26 percent in 2016, based on the year - over-year change in the Consumer Price Index, which tracks prices for common items from gas to ground bee
In recent years,
inflation's been pretty low, averaging 1.26 percent
in 2016, based on the year - over-year change in the Consumer Price Index, which tracks prices for common items from gas to ground bee
in 2016, based on the year -
over-year change in the Consumer Price Index, which tracks prices for common items from gas to ground bee
in the Consumer Price Index, which tracks prices for common items from gas to ground beef.
The charts show the year -
over-year change in various
inflation measures as well as measures of expected
inflation based on the University of Michigan Survey Research Center and the yields on five - year treasuries and TIPS.