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 0.3% (3.7% annualized rate) in June. The 16% trimmed-mean Consumer Price Index rose 0.2% (2.2% annualized rate) during the month. The median CPI and 16% trimmed-mean CPI are measures of core inflation calculated by the Federal Reserve Bank …
The post Cleveland Fed: Key Measures Show Inflation Close to 2% YoY in June, Core PCE below 2% appeared first on The B-Trader .
source https://thebtrader.com/2019/07/11/cleveland-fed-key-measures-show-inflation-close-to-2-yoy-in-june-core-pce-below-2/?utm_source=rss&utm_medium=rss&utm_campaign=cleveland-fed-key-measures-show-inflation-close-to-2-yoy-in-june-core-pce-below-2
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