What Do the CPI and PCE Numbers really mean when it comes to Inflation? What will the Fed do with Rates in September

Season 4, Episode 21: Welcome back to Keeping it Real with Dr. Kuehl. This week Dr. Kuehl focuses on inflation.ASA Chief Economist Dr. Chris Kuehl is back with his weekly economic update podcast. In Season 4, Episode 21 (8:35 in length), Dr. Kuehl talks to members about the newest news on inflation.    What were the latest Consumer Price Index Numbers?2% being the Feds target… did we hit that?     What is CPI when measuring inflation?    What is the PCE? Is it more accurate than the CPI?      When will PCE data on inflation be released?     Inflation numbers came down predominantly because of a drop in what sectors?     What is important to ASA members with these specific decline in numbers?   What variations are we seeing when it comes to the housing sector?   Jobs… Wages continue to go up, are we still worrying about inflation?  What does the Fed say about all of this? What is the consensus view?Ask Dr. Kuehl a QuestionHave a question or topic for Chris Kuehl that you would like answered on this podcast? Email it to Bri Baresel at [email protected].