10/29/2026 | Press release | Distributed by Public on 10/29/2026 16:47
FRED has added 2 data series about the median personal consumption expenditure chain-type price index (PCE) inflation reported by the Federal Reserve Bank of Cleveland.
Median PCE inflation is calculated by ranking all the individual components of PCE inflation and picking the one in the middle. Its construction makes this indicator of inflation less sensitive to short-lived price fluctuations, thereby better capturing the trend in prices.
More details are available here.