Charts that Count: how to go inflation shopping

What does the Federal Reserve currently exclude from its core inflation measure?

• Automobiles

• Housing costs

• Cell phone services

• Energy and food prices

What is Stephen Moore's proposed focus for measuring inflation?

• Consumer surveys

• Housing market trends

• Commodity prices

• Core personal consumption expenditures

Which of the following is a method used to predict future inflation?

• Core PCE

• Producer Price Index

• Five-year forward market measure

• Consumer Price Index

Why are commodity prices considered volatile?

• They are influenced by seasonal changes

• They are affected by political decisions

• They are only influenced by consumer demand

• They are stable over time

What technological advancement has affected the price of energy?

• Electric vehicle production

• Wind turbine efficiency

• Fracking

• Solar panel technology

How are energy prices affecting the broader commodities basket?

• They are stabilizing the basket

• They are causing deflation

• They have no effect

• They are increasing inflation

What is a potential issue with using energy prices to measure inflation?

• They are unaffected by political risks

• They are becoming a smaller part of consumer spending

• They are not influenced by technological changes

• They are too stable