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Friday, September 29, 2017

Dallas Fed trimmed mean PCE price index +1.5% vs +1.4% prior

August core inflation data from the Dallas Fed - One month trimmed mean +1.5% (annualized) - Six month PCE inflation +1.4% (annualized) vs 1.4% prior - 12 month trimmed mean +1.6% vs 1.6% prior There's no acceleration here. This measure is getting increasing attention from the Fed, but I suspect that was back a few months ago when it
Dallas Fed trimmed mean PCE price index +1.5% vs +1.4% prior

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