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Dallas Fed January trimmed mean PCE price idnex +6.3% vs +4.0% prior

Dallas Fed January trimmed mean PCE price idnex +6.3% vs +4.0% prior

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By Adam Button
24/02/2023 | 19:02 GMT
  • Another sign of accelerating inflation

The Dallas measure of core inflation accelerated to a one-month annualized pace of 6.3% compared to 4.0% in December.

There are many fans of this report on the FOMC and it highlights the stubborn path of inflation going forward.

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