How Inflation Is Measured: CPI vs PCE
America has two inflation thermometers, the Fed watches the slower one, and the gap between them is a story about housing and medical bills.
Valentina Sokolov · March 31, 2026
Timely items on scheduled economic events: statistical releases, central bank meetings, budget statements and forecast updates. Each entry carries the number, the expectation, the prior reading and any revision applied to it. Built for market analysts, treasury teams and reporters filing against a release calendar.
America has two inflation thermometers, the Fed watches the slower one, and the gap between them is a story about housing and medical bills.
Valentina Sokolov · March 31, 2026
The unofficial arbiter defines recessions by depth, diffusion, and duration — which is why the 2020 call came in June and official GDP never mattered.
Valentina Sokolov · March 13, 2026

The WEO is a 190-country forecasting machine on a strict calendar — and its own error tables are the best guide to how much to trust it.
Lena Fischer · February 18, 2026
The unemployment rate only counts people looking for work — which is why a falling rate can be bad news and the participation rate holds the truth.
Valentina Sokolov · February 7, 2026