Getting a Jump on Inflation

4 Pages Posted: 7 Sep 2017

See all articles by Alan Armen

Alan Armen

Federal Reserve Banks - Federal Reserve Bank of Dallas

Evan F. Koenig

Federal Reserve Banks - Federal Reserve Bank of Dallas

Date Written: 2017

Abstract

Accurate official estimates of Fed policymakers’ preferred PCE inflation measure take months, and sometimes years, to become available. A small set of timelier indicators offers realtime power to “nowcast” PCE inflation. Those indicators provide as much accuracy as initial government estimates and remain informative even after official estimates have been published.

Suggested Citation

Armen, Alan and Koenig, Evan F., Getting a Jump on Inflation (2017). Economic Letter, Vol. 12, Issue 9, pp. 1-4, 2017. Available at SSRN: https://ssrn.com/abstract=3029745

Alan Armen (Contact Author)

Federal Reserve Banks - Federal Reserve Bank of Dallas

2200 North Pearl Street
PO Box 655906
Dallas, TX 75265-5906
United States

Evan F. Koenig

Federal Reserve Banks - Federal Reserve Bank of Dallas ( email )

2200 North Pearl Street
PO Box 655906
Dallas, TX 75265-5906
United States

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