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Room to Grow? Inflation and Labor Market Slack

Author

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  • Jim Dolmas
  • Evan F. Koenig

Abstract

Compared with the usual ex-food-and-energy measure, the Dallas Fed’s Trimmed Mean PCE inflation rate sends a clearer, more reliable signal about whether cyclical inflation pressures are building.

Suggested Citation

  • Jim Dolmas & Evan F. Koenig, 2019. "Room to Grow? Inflation and Labor Market Slack," Dallas Fed Economics 89330, Federal Reserve Bank of Dallas.
    • Handle: RePEc:fip:d00001:89330
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    File URL: https://www.dallasfed.org/research/economics/2019/0530
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