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PCE Median/Trimmed Mean Remain Higher Than Core PCE

US DATA
  • Cleveland Fed median PCE: 3.83% Y/Y in Dec after 3.95% in Nov, as it continues to print higher rates of inflation than the 2.6% Y/Y for headline PCE and 2.9% for core PCE.
  • Dallas Fed trimmed mean PCE: 3.3% Y/Y in Dec after 3.4% in Nov, with the six-month rate unchanged at 2.6% (vs six-month core PCE is 1.9%).

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