Comparing Two Measures of Core Inflation: PCE Excluding Food & Energy vs. The Trimmed Mean PCE Index
Posted: 13 Aug 2019
Date Written: 2019-08-02
The goal of this note is to provide an assessment of two of the most commonly used indicators of core inflation: the PCE price index excluding food and energy (an exclusion index), and the Dallas Fed trimmed mean PCE price index (a central-tendency statistical measure).
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