Inflation has been top of mind in recent years. Most of Wall Street follows the CPI but the Fed favors the PCE. Here's why.

Habit and timing play important roles in the market’s preference for CPI, despite PCE offering a more dynamic and comprehensive measure. CPI, typically 0.4 percentage points higher than PCE, saw its ...

While the U.S. CPI inflation report on Tuesday showed a slightly softer-than-expected annual increase in core prices, there's ...