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<oembed><version>1.0</version><provider_name>Liberty Street Economics</provider_name><provider_url>https://libertystreeteconomics.newyorkfed.org</provider_url><author_name>blog author</author_name><author_url>https://libertystreeteconomics.newyorkfed.org/author/blog-author/</author_url><title>Drilling Down into Core Inflation: Goods versus Services - Liberty Street Economics</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="grYQntceqg"&gt;&lt;a href="https://libertystreeteconomics.newyorkfed.org/2013/06/drilling-down-into-core-inflation-goods-versus-services/"&gt;Drilling Down into Core Inflation: Goods versus Services&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://libertystreeteconomics.newyorkfed.org/2013/06/drilling-down-into-core-inflation-goods-versus-services/embed/#?secret=grYQntceqg" width="600" height="338" title="&#x201C;Drilling Down into Core Inflation: Goods versus Services&#x201D; &#x2014; Liberty Street Economics" data-secret="grYQntceqg" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script&gt;
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</html><description>M. Henry Linder, Richard Peach, and Robert W. Rich Among the measures of core inflation used to monitor the inflation outlook, the series excluding food and energy prices is probably the best known and most closely followed by policymakers and the public. While the conventional &#x201C;ex&#xA0;food&#xA0;and energy&#x201D; measure is a composite of the price changes [&hellip;]</description><thumbnail_url>https://libertystreeteconomics.newyorkfed.org/wp-content/uploads/sites/2/2013/06/6a01348793456c970c017eeb1d39ef970d-400wi.jpg</thumbnail_url></oembed>
