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Alternative Trimmed Mean PCE inflation measure better tracked price surge
Abstract: To gauge the medium-term trend in underlying inflation, the Dallas Fed’s Trimmed Mean personal consumption expenditures (PCE) inflation rate drops price changes in the tails of the monthly distribution of PCE components, minimizing the impact of outliers.
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https://www.dallasfed.org/research/economics/2026/0813
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Bibliographic Information
Provider: Federal Reserve Bank of Dallas
Source: Dallas Fed Economics
Publication Date: 2026-08-13