1. As a result of the proposed tax cuts, it has raised its forecasts for the core rate in subsequent years. 2. Because energy and food prices fluctuate rapidly, many economists prefer the so-called core rate, which eliminates these items. 3. Before the Labor Department report, analysts had expected no change in the PPI or the core rate. 4. Bolstering the low-inflation news was the core rate of the producer price index. 5. A smaller-than-expected increase in the core rate of U.S. inflation pushed bond yields lower in the U.S. and Canada. 6. Both the core rate of inflation and the increase in wage costs have edged up this year. 7. But the bond market was somewhat unsettled by the core rate of the price index, which excludes food and energy costs. 8. Economists surveyed by Bloomberg News had expected no change, although the core rate, excluding volatile food and energy components, was unchanged, as expected. 9. Economists say this core rate is a more accurate portrayal of price trends. 10. Economists say this core rate more accurately portrays price trends. |