Monetary policymakers and long-term investors would benefit greatly from a measure of underlying inflation that uses … all relevant information, is available in real-time, and forecasts inflation better than traditional underlying inflation … measures such as core inflation measures. This paper presents the "Federal Reserve Bank of New York (FRBNY) Staff Underlying …

The headline consumer price inflation (CPI) is often considered too noisy, narrowly defined, and/or slowly available … for policymaking. On the other hand, traditional core inflation measures may reduce volatility but do not address other … issues and may even exclude important information. This paper develops a new underlying inflation gauge (UIG) for China which …

Are weekly inflation forecasts informative? Although several central banks review and discuss monetary policy issues on … a bi-weekly basis, there have been few attempts by analysts to construct systematic estimates of core inflation that … revisions into our weekly updates of monthly Swiss core inflation using a common factor procedure. The weekly estimates for …

Are weekly inflation forecasts informative? Although several central banks review and discuss monetary policy issues on … a bi-weekly basis, there have been few attempts by analysts to construct systematic estimates of core inflation that … revisions into our weekly updates of monthly Swiss core inflation using a common factor procedure. The weekly estimates for …