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Health care services depress recent PCE inflation readings

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  • Jim Dolmas

Abstract

Health care services, which historically helped push core measures of inflation higher, have restrained recent readings. Among them is the personal consumption expenditures price index, favored by Federal Reserve policymakers deliberating interest rate changes.

Suggested Citation

  • Jim Dolmas, 2016. "Health care services depress recent PCE inflation readings," Economic Letter, Federal Reserve Bank of Dallas, vol. 11(11), pages 1-4, August.
    • Handle: RePEc:fip:feddel:00039
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    Cited by:

    1. Saeed Zaman, 2019. "Cyclical versus Acyclical Inflation: A Deeper Dive," Economic Commentary, Federal Reserve Bank of Cleveland, issue September.

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