Free Trial

Cleveland Fed Median CPI Highest Since 1982


The Cleveland Fed confirms that median CPI in October was +0.57% M/M, which was the highest since 1982.

  • Per the Cleveland Fed, the metric – which excludes all price changes apart from the one in the center of the distribution of price changes" - "is even better at forecasting PCE inflation in the near and longer term than the core PCE price index."
  • Yet another sign that US inflation pressures are not merely confined to the outlying categories.

Source: Cleveland Fed, MNI

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.