Search: PCE
RBA Glossary definition for PCE
PCE – Personal Consumption Expenditure
Search Results
Inflation Expectations in Advanced Economies
16 Mar 2017
Bulletin
– March 2017
Anchored inflation expectations are important for price stability because expectations affect current actions. Although all inflation expectations measures provide some information about future inflation, professional forecasters have been the most
https://www.rba.gov.au/publications/bulletin/2017/mar/4.html
What the FOMC Says and Does When the Stock Market Booms | Conference – 2003
18 Aug 2003
Conferences
0.00). (0.00). (0.00). (0.00). (0.00). PCE chain-type price index. 0.42. 0.70. ... As students of American monetary policy know, the FOMC, and Chairman Greenspan in particular, follow the PCE chain-type index closely.
https://www.rba.gov.au/publications/confs/2003/cecchetti.html
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
See 2 more results from "RDP 2006-10"
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
Economic Data Releases and the Australian Dollar
10 Apr 2008
Bulletin
– April 2008
Furthermore, the release of the personal consumption expenditures (PCE) deflator (released with the personal income and spending data), another closely watched measure of inflation, has no significant impact on volatility.
https://www.rba.gov.au/publications/bulletin/2008/apr/1.html
Discussion on Inflation Measurement for Central Bankers | Conference – 2004
9 Aug 2004
Conferences
References. Clark TE (1999), ‘A comparison of the CPI and the PCE price index’, Federal Reserve Bank of Kansas City Economic Review, 84(3), pp 15–29.
https://www.rba.gov.au/publications/confs/2004/hill-disc.html
Statement on Monetary Policy
10 Feb 2004
Bulletin
– February 2004
The core chain price (PCE) measure of inflation, favoured by the Federal Reserve, is even lower at around 0.7 per cent.
https://www.rba.gov.au/publications/bulletin/2004/feb/1.html
Economic Data Releases and the Australian Dollar
16 Apr 2008
Bulletin
PDF
101KB
Reserve Bank of Australia Bulletin April 2008
https://www.rba.gov.au/publications/bulletin/2008/apr/pdf/bu-0408-1.pdf
Fiscal Policy and the Inflation Target
4 Feb 2015
RDP
PDF
847KB
PCE prices, π is the inflation target, and xt is the output gap with a coefficient of 1.
https://www.rba.gov.au/publications/rdp/2014/pdf/rdp2014-02.pdf
The Performance of Trimmed Mean Measures of Underlying Inflation
12 Dec 2006
RDP
PDF
328KB
off the bottom of the distribution for the US personal consumption expenditures (PCE) chain price index. ... 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/pdf/rdp2006-10.pdf