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https://fred.stlouisfed.org/series/PCEPILFE#0 ( open the link) What is the purpose of removing food and energy prices from the PCE? What do we call that measure of
https://fred.stlouisfed.org/series/PCEPILFE#0 ( open the link)
- What is the purpose of removing food and energy prices from the PCE? What do we call that measure of inflation?
- Over the time range shown in the graph, in what two time periods did the US experience the highest rates of inflation? What were these rates (approximately)?
- What has been the trend in inflation since 1980? In general, had there been much movement in inflation since 2000? What about over the past year?
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