New methodology trims Core PCE inflation from 2021 onward

Macro
โดย Wells Fargo·Read original
Summary · why it matters

Wells Fargo economists Tom Porcelli and Sarah House discuss upcoming Bureau of Economic Analysis changes to the Personal Consumption Expenditures Price Index that will affect data from 2021 onward. The revised methodology is expected to result in lower core PCE inflation readings for the period. The changes will be reflected in upcoming data releases.

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