Search: PCE
RBA Glossary definition for PCE
PCE – Personal Consumption Expenditure
Search Results
Estimation Results
8 Mar 2017
RDP
2017-01
for PCE inflation and the federal funds rate, which are unavailable at long enough forecast horizons for a sufficiently long period. ... PCE inflation, presumably reflecting the greater weight on volatile food and energy prices in the former.
https://www.rba.gov.au/publications/rdp/2017/2017-01/estimation-results.html
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Lessons of the Crisis
10 Dec 2014
RDP
2014-02
the measurement bias in the PCE price series, σ is the standard deviation of the unemployment rate, and the coefficient 22 is chosen so as to minimise the loss at point ... difference between CPI inflation and PCE inflation.
https://www.rba.gov.au/publications/rdp/2014/2014-02/lessons-crisis.html
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Data
31 Dec 2006
RDP
2006-10
Our focus on the US CPI rather than on the PCE chain price index is mostly for consistency with the other economies in our study.
https://www.rba.gov.au/publications/rdp/2006/2006-10/data.html
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The Shocks
8 Jan 2010
RDP
2009-10
Using the core PCE measure of inflation, between June 2001 and January 2006, the federal funds rate was below the standard Taylor rule recommendation by an average of around 125 basis
https://www.rba.gov.au/publications/rdp/2009/2009-10/shocks.html