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Friday, August 04, 2017

Dallas Fed trimmed mean 1.3% vs 1.6% prior

  • Prior was 1.5% (revised to 1.6%)
The Fed is increasingly watching and talking about this data point. This is a negative sign for the dollar.
This is the lowest reading since March and the second-lowest reading since the start of 2016.

1 comment:

  1. Good call Bill. Looks like this dollar bounce is temporary.