If Kevin Warsh can adopt the trimmed mean as the Fed’s key inflation metric, Trump’s inflation problem will almost disappear.

The BEA is overhauling PCE inflation methodology for software, legal services, and portfolio management, potentially shaving 0.2 points off core readings.

The BEA is revising PCE inflation methodology, with analysts expecting a 0.2 percentage point reduction in core readings when updated data drops September

If Kevin Warsh can adopt the trimmed mean as the Fed’s key inflation metric, Trump’s inflation problem will almost disappear.