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SignificantEconomymarketwatch·MarketWatch

Fed’s favorite inflation tracker is getting an overhaul — just as the central bank weighs interest-rate hikes. What’s going on?

The Federal Reserve's preferred inflation tracker, the Personal Consumption Expenditures (PCE) price index, is undergoing a methodology overhaul. This comes as the central bank deliberates potential interest rate hikes for the fall.

Impact Score
6/10
Wednesday, July 22, 2026 at 11:44 AM EDT
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