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The Bureau of Economic Analysis has announced methodological changes to the Personal Consumption Expenditures Price Index, which are expected to enhance inflation readings. These adjustments will impact specific service categories and are projected to lower core PCE inflation by about 0.2 percentage points. The changes come at a time of heightened scrutiny regarding the independence of statistical agencies.
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The Bureau of Economic Analysis has announced methodological changes to the Personal Consumption Expenditures Price Index, which are expected to enhance inflation readings. These adjustments will impact specific service categories and are projected to lower core PCE inflation by about 0.2 percentage points. The changes come at a time of heightened scrutiny regarding the independence of statistical agencies.
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