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Friday, September 29, 2017

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

  • 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 showed the trend they wanted to see.

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