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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What Caused the Decline in US Business Cycle Volatility? | Conference – 2005
11 Jul 2005
Conferences
Table 5: Estimated Equations for Quarterly Changes in the GDP and PCE Deflators. ... 1962:Q1–2004:Q4. Variable. Lags. Coefficient estimates. GDP deflator. PCE deflator. Lagged dependent variable.
https://www.rba.gov.au/publications/confs/2005/gordon.html
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
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
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
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