Dallas Fed trimmed mean PCE price index +1.5% vs +1.4% prior

August core inflation data from the Dallas Fed

• One month trimmed mean +1.5% (annualized)
• Six month PCE inflation +1.4% (annualized) vs 1.4% prior
• 12 month trimmed mean +1.6% vs 1.6% prior

There's no acceleration here. This measure is getting increasing attention from the Fed, but I suspect that was back a few months ago when it showed the trend they wanted to see.