Another Benefit of Trimming: Smaller Inflation Revisions

Jim Dolmas

Dallas Fed Economics from Federal Reserve Bank of Dallas

Abstract: With the Dallas Fed’s Trimmed Mean Personal Consumption Expenditures (PCE) inflation rate, what you see in real time is closer to what you get after revision than is the case with the more conventional measure of core inflation, PCE excluding food and energy.

Keywords: Inflation; Economic Conditions (search for similar items in EconPapers)
Date: 2019-08-06
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Persistent link: https://EconPapers.repec.org/RePEc:fip:d00001:89321

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