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home / news releases / UUP - Median CPI Runs Hot Fed Averts Eyes


UUP - Median CPI Runs Hot Fed Averts Eyes

Despite the Fed's proclamations, the dollar lost purchasing power at a good clip.

The inflation measure by the Cleveland Fed - the "Median CPI" - rose at 0.3% in January from December. This translates into an annualized rate of 3.7%. For the 12-month period, the Median CPI rose 2.9%. Since July last year, the index has ranged between 2.9% and 3.0%, the highest in the data series launched during the Financial Crisis.

The Median CPI is based on the data from the Consumer Price Index ((CPI)) but removes the extremes of price increases

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Stock Information

Company Name: Invesco DB USD Index Bullish Fund
Stock Symbol: UUP
Market: NYSE

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