Inflation impacts nearly everything you pay for, from food and rent to monthly bills. There are two primary ways inflation is measured in the US: the Consumer Price Index (CPI) and the Personal Consumption Expenditures Price Index (PCE).CPI is the one that gets the headlines. It impacts things like Social Security's annual cost-of-living adjustment.PCE is the one that the Federal Reserve prefers to use when it determines what it should do about interest rates. But what's the difference between the two? Watc ...

Core Viewpoint - Global markets experienced an overall upward trend, with the exception of Japan, in anticipation of the U.S. personal consumption expenditures price index, which is the Federal Reserve's preferred measure of inflation [1] Group 1 - Most global markets were higher, indicating positive investor sentiment [1] - Japan was the only market that did not follow the upward trend, suggesting potential localized economic concerns [1] - The focus on the U.S. personal consumption expenditures price index highlights its significance in assessing inflation trends [1]