Thursday, November 12, 2020

Cleveland Fed: Key Measures Show Inflation Eased Year-over-year in October

The Cleveland Fed released the median CPI and the trimmed-mean CPI this morning: According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.2% October. The 16% trimmed-mean Consumer Price Index rose 0.1% in October. "The median CPI and 16% trimmed-mean CPI are measures of core inflation calculated by the Federal Reserve Bank of Cleveland based on data released in the Bureau of Labor Statistics' (BLS) monthly CPI report". Note: The Cleveland Fed released the median CPI details for October  here . Car and Truck rentals increased at a 136% annualized rate ......(read more)
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