The trimmed mean PCE inflation rate is an alternative measure of core inflation in the price index for personal consumption expenditures. It is calculated by staff at the Dallas Fed, using data from the Bureau of Economic Analysis.
Meanwhile back in the real world, below are highlights of the year-to-date change of ten major commodities along with trading range charts for each of them, as compiled by Seeking Aplpha.
As a commodity trader, I would like to point out that the REASON natural gas is the only major commodity whose price is significantly lower year-to-date is that it is a fuel source that is both ABUNDANT and DOMESTICALLY produced! Since our supply is both local and abundant, we have the joy of having it CHEAP, too! Drill more and drill NOW!
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