The Fed's Neutral Fed Fund Rate

This year, the Fed changed inflation measuring, now looking just one year back instead of two. How much does that new measurement impact the current number? Does it make it look better than it is? Ironically, it's actually making it look worse because again, we said we sent a little shift to just back to services. We're obviously consuming a lot more goods and services currently relative to where we are in this post-pandemic cycle. It's not necessarily making things better or worse. I would just focus on the actual deltas of the data.