Cleveland Fed median CPI +0.4% vs +0.4% prior

  • Underlying inflation data from the Cleveland Fed
Cleveland Fed median CPI
  • Prior was +0.4%
  • 16% trimmed mean: +0.2% vs +0.3% prior

These aren't market moving numbers as they recalculate CPI data was released earlier today. Still, they offer some insight into what the Fed is looking at.

Median CPI is slow to roll over.

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