Dallas Fed trimmed mean PCE price index +1.5% vs +1.4% prior

August core inflation data from the Dallas Fed
– One month trimmed mean +1.5% (annualized)
– Six month PCE inflation +1.4% (annualized) vs 1.4% prior
– 12 month trimmed mean +1.6% vs 1.6% prior
There’s no acceleration here. This measure is getting increasing attention from the Fed, but I suspect that was back a few months ago when it