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A Fed Inflation Gauge Overhaul Is Suddenly on the Table — and the Treasury Market Isn't Ready for It

A plan to rewrite how the US measures inflation would, if adopted, lower reported price growth and weaken the case for further rate hikes. Bond desks are only beginning to price the possibility.

A screenshot of a tweet from Seyed Abbas Araghchi (@araghchi) claiming Iran kept its word while accusing the U.S. Treasury Secretary of violating an MoU paragraph.
A screenshot of a tweet from Seyed Abbas Araghchi (@araghchi) claiming Iran kept its word while accusing the U.S. Treasury Secretary of violating an MoU paragraph. @TheCradleMedia · Telegram

Wire provenance

This editorial synthesis draws on the following public wire/social posts:

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