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To: Sr K who wrote (339193)3/10/2022 9:05:31 PM
From: Honey_Bee1 Recommendation

Recommended By
pak73

  Respond to of 457893
 
Yes SrK, it is true. Especially as it applies to what the Fed looks at:

Headline versus Core Inflation in the Conduct of Monetary Policy - Federal Reserve Board

The Federal Reserve, for example, pays particular attention to the rate of growth of the core personal consumption expenditure (PCE) deflator, which excludes food and energy prices.