Gas prices: Core to the consumer, but not the Fed?

Reuters Videos
8 個月前

STORY: Core inflation readings, explain Martin, are a "better predictor of future inflation than the headline numbers. And so that's why they look at the core. And I think that that leaves a lot of regular people and consumers scratching their heads - because energy and food is such a large part of what they actually spend on every day."

Energy and food prices, he notes, definitely have an "effect on the consumer and on GDP - which is different from predicting future inflation."