Trimmed Mean Inflation
PCE Trimmed mean inflation since March. This measure from the Dallas Fed is intended to isolate and highlight trends in inflation and help the Fed stay near its target inflation rate of 2%:
| 1-month | 6-month | 12-month | |
| Mar-12 | 2.30 | 1.97 | 2.02 |
| Apr-12 | 1.50 | 1.95 | 1.93 |
| May-12 | 1.49 | 1.85 | 1.90 |
| Jun-12 | 1.42 | 1.75 | 1.86 |
Notice any trends?
Posted by Mark Thoma on Saturday, August 4, 2012 at 09:30 AM in Economics, Inflation, Monetary Policy |
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