Inflation
Inflation's Tug-of-War: CPI, PCE, and the Fed's Elusive 2% Target into 2026
The battle against inflation continues to define the economic narrative, as the Federal Reserve grapples with persistent price pressures that remain stubbornly above its long-term 2% target. A critical divide exists in how this inflation is measured – through the widely cited Consumer Price Index (CPI) and the Federal Reserve'