Description
The U.S. Core Consumer Price Index (Core-CPI) is calculated and released by the Bureau of Labor Statistics (BLS). This index measures the price changes of goods and services purchased by consumers over a specific period, excluding the often-volatile food and energy components. As a result, it is considered a more stable measure of inflation.
As the most widely used measure of inflation, the Federal Reserve has set a 2% target for inflation to ensure that the U.S. economy grows while allowing the market to assess whether the economy is overheating and whether the Federal Reserve’s monetary policy is appropriate.
Note: The difference between Seasonally Adjusted (SA) and Not Seasonally Adjusted (NSA) data lies in the seasonal adjustment, which removes fluctuations caused by seasonal patterns to provide a clearer view of long-term trends and economic conditions.