Greene Attacks Warsh's 3.8% Inflation Focus as Fed Weighs Trimmed Mean Gauge

1 articles · Updated · Benzinga · Jun 1

Marjorie Taylor Greene on Sunday accused new Fed Chair Kevin Warsh of using “fuzzy math,” saying a greater focus on trimmed mean inflation would mask food and energy pain and help justify lower rates.
Warsh had argued at his April confirmation that trimmed mean inflation—excluding the biggest monthly price jumps and drops—better captures underlying price trends than headline measures distorted by short-term shocks.
April consumer inflation rose 3.8% from a year earlier, the highest since 2023, reinforcing Greene’s claim that households still face steep grocery and gas costs even if volatile items are deemphasized.
The dispute lands as the Fed weighs rate cuts against inflation still well above its 2% target, leaving policymakers caught between persistent price pressure and signs of slowing growth.

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