Dallas Fed trimmed mean PCE 3.0%

The Dallas Fed trimmed mean PCE came in at 3.0% unchanged from the previous month (one month annualized).

The trimmed mean PCE is an alternative measure of core inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term that throws out the highs and the lows from each month and calculates the price of the rest for the month and then annualizes the rate. The thought is it filters out the big moves that can influence the overall index.

Looking at recent data, the trimmed mean peaked at 6.3% in January. February came in at 4.1% and March came in at 3.0% which was equaled this month.

The trend is sideways from last month but not moving higher.