🇺🇸 JUST IN: Elizabeth Warren is demanding answers over upcoming changes to PCE inflation data that could push the reading lower.
The changes, expected next month, could reduce the Federal Reserve’s preferred inflation measure by around 0.2 percentage points.
Warren has pressed the Commerce Department to explain exactly why the revision is being made. She accused the Trump administration of politicizing economic data and said the public deserves a clear explanation.
A small change on paper—but one that could influence the inflation debate, interest-rate expectations, and financial markets.
The changes, expected next month, could reduce the Federal Reserve’s preferred inflation measure by around 0.2 percentage points.
Warren has pressed the Commerce Department to explain exactly why the revision is being made. She accused the Trump administration of politicizing economic data and said the public deserves a clear explanation.
A small change on paper—but one that could influence the inflation debate, interest-rate expectations, and financial markets.