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Bureau of Economic Analysis overhauls PCE inflation methodology ahead of September data release
The BEA is overhauling PCE inflation methodology for software, legal services, and portfolio management, potentially shaving 0.2 points off core readings.
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axios.com
Inflation measurement tweaks make for sunnier data
The changes are entirely defensible on technical grounds but come at a fraught political moment.
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cryptobriefing.com
Bureau of Economic Analysis overhauls PCE inflation methodology ahead of September data release
The BEA is overhauling PCE inflation methodology for software, legal services, and portfolio management, potentially shaving 0.2 points off core readings.
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Federal Reserve's preferred inflation gauge is getting a methodology makeover, and the numbers will look better
The BEA is revising PCE inflation methodology, with analysts expecting a 0.2 percentage point reduction in core readings when updated data drops September
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theage.com.au
US inflation is running hot, so why not change the way it is measured?
If Kevin Warsh can adopt the trimmed mean as the Fed’s key inflation metric, Trump’s inflation problem will almost disappear.