Trimmed Mean PCE: The Inflation Metric Gaining Attention at the Fed | Fed Watch

This week on Fed Watch, ITR Economist and Speaker Lauren Saidel-Baker breaks down Trimmed Mean PCE, the inflation measure drawing increased attention from Federal Reserve policymakers. With inflation signals sending mixed messages, businesses and investors face a growing challenge: which data should they trust when assessing future interest rate decisions? Lauren explains how Trimmed Mean PCE works, why some policymakers favor it, and what it could mean for the Fed's approach to inflation going forward. Could this lesser-known metric become a more influential guide for monetary policy? Watch to learn what makes it different and why it matters.