Mmastodon BusinessEconomy first seen 21 h ago, last 13 h ago, peak #2

US changes PCE inflation calculation ahead of key data release

Original: “The market🚨will heavily discount today's PCE # inflation data. The US🚨just changed the way PCE inflation is calculated:

The United States has changed the methodology used to calculate the PCE inflation index, revising three key categories and restating data back to 2021. The change takes effect with today's release and could reduce the Core PCE reading. Traders and analysts say markets will heavily discount the new figures, raising concerns about how to compare the revised data with prior inflation trends.

Why now: A methodological change to a key inflation gauge right before its release is fueling debate about data credibility and market impact.

United StatesPCE inflation indexUS financial markets

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• “The market🚨will heavily discount today's PCE # inflation data. The US🚨just changed the way PCE inflation is calculated: Beginning with today’s release, the US changed the methodology for 3 key PCE inflation categories &revised data back to 2021⬇️ It could reduce🚨Core PCE… · KimPerales@toad.social · 8

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