After eating well, say a little more.

Some friends say that the Federal Reserve focuses on core CPI and is not concerned about broad CPI, this statement is 30% accurate.

First, the Federal Reserve looks at core PCE.

Secondly, it is true that ordinary CPI is not highly regarded, but although oil is outside of core PCE, oil prices can be said to affect various industries.

Finally, inflation driven by rising oil prices cannot ignore oil; for example, when oil prices rise, transportation costs increase, travel costs go up, food prices rise (food is also not in core PCE), service costs will also increase, and so on.

So inflation driven by rising oil prices cannot only consider core PCE, and of course cannot only look at core CPI.

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