Benchmark
The Fed's Favorite Inflation Gauge is Helplessly Trailing the Other Government Measure
Difference in healthcare cost calculations is the biggest culprit
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Between the government's two primary inflation measures, the Federal Reserve's preferred measure is showing far less promise of rising to the central bank's goal.
The core index of the personal consumption expenditures gauge is now lagging its more popular counterpart, the consumer price index, by the most since the recession ended in June 2009.