
What’s the difference between CPI and PCE?
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<p>Folks in econ circles sure do love their acronyms. Later this morning, the Commerce Department releases the PCE, or the personal consumption expenditures price index, for September. But there’s also the CPI, or the consumer price index. We give you the TL;DR on both measures of inflation. Then: a case study of an immigration scam and how communities are fighting back.</p>