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Dallas Fed trimmed mean PCE price index +2.3% annualized in December vs +3.0% prior

Dallas Fed trimmed mean PCE price index +2.3% annualized in December vs +3.0% prior
  • One-month trimmed mean annualized +2.3% vs +3.0% prior
  • 12-month PCE trimmed mean +4.4% vs +5.0% prior

These one-month numbers have come down from 6.0% in August to near the Fed's target. It will take more numbers like this with the help of lapping soft comps to get the Fed where it wants to be.

This article was written by Adam Button at www.forexlive.com... Read More
Posted: Jan 27 2023, 18:19
Author Name: forexlive
Views: 111516

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