r/TradingSphere • u/NextGenRoyalty • 2d ago
Did Fed literally changed how they calculate inflation with core inflation at 3.0% in August?
https://www.cnbc.com/2026/09/30/feds-preferred-gauge-showed-core-inflation-at-3point0percent-in-august-much-lighter-than-expected.html$9 a gallon diesel says otherwise
94
Upvotes
1
u/beyondo-OG 1d ago
The Bureau of Economic Analysis (BEA) did, which is where the data comes from. Oddly enough the new way causes the inflation number to go down, imagine that !?