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

Economy MarketWatch By Jeffry Bartash 22 Jul 2026 15:44 1 min read
Fed’s favorite inflation tracker is getting an overhaul — just as the central bank weighs interest-rate hikes. What’s going on?

The inflation tracker that exerts the biggest influence on the actions of the Federal Reserve is getting a makeover just as a divided central bank weighs whether to raise U.S. interest rates this fall.

The inflation tracker that exerts the biggest influence on the actions of the Federal Reserve is getting a makeover just as a divided central bank weighs whether to raise U.S. interest rates this fall.

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