Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
Sign up now for free access to this content.
Please enter your details below and select your areas of interest.
The Cleveland Fed reports that the median M/M inflation figure for September was 0.45% M/M, the highest since 1990.
- That's a sign of rising underlying price pressures and per the Cleveland Fed, the metric "is even better at forecasting PCE inflation in the near and longer term than the core PCE price index."
- The 2.78% Y/Y median isn't quite as impressive (not eclipsing the 2019 peak) but clearly on the rise.
- For background: "The median CPI excludes all price changes except for the one in the center of the distribution of price changes, where the price changes are ranked from lowest to highest (or most negative to most positive). "
Source: Cleveland Fed, MNI