Free Trial

Little Let Up In Regional Fed CPI Measures

US DATA
  • Despite core CPI strength being somewhat concentrated in shelter and medical care services, median CPI only eased back from cycle highs of 0.74 to 0.67% M/M in Sept, whilst the Cleveland Fed trimmed mean edged from 0.62 to 0.56% M/M.
  • On the flip side, the Atlanta Fed measure of sticky core CPI excluding shelter firmed slightly to 0.54% M/M.
  • As with observed core CPI hitting 6.6% Y/Y, year-ago rates for all three measures hit new cycle highs at 6.98%, 7.31% and 6.08% Y/Y respectively.

To read the full story

Close

Why MNI

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.