🏦🇺🇸Cleveland Fed Nov. Median CPI at 3.52% Y/Y, Highest Since Dec. 1991

• Cleveland Fed Nov. Median CPI at 3.52% Y/Y

• Cleveland Fed Nov. Median CPI at 0.45% M/M

• Cleveland Fed Nov. 16% Trimmed-Mean CPI at 4.55% Y/Y, highest since May 1991

MNI: Cleveland Fed's median CPI metric is even better at forecasting PCE inflation in the near and longer term than the Core PCE Price index